Trend Table for IBC - Ironbark Capital Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 17	A	Strong	Up	Up	Up	0.00%
Oct 14	A	Strong	Up	Up	Up	0.00%
Oct 10	A	Strong	Up	Up	Up	1.10%
Oct 1	A	Weak or Absent	Up	Up	Up	1.10%
Sep 27	A	Weak or Absent	Up	Up	Up	1.10%
Sep 24	B	Weak or Absent	Up	Up	Flat	2.22%
Sep 20	B	Weak or Absent	Up	Up	Flat	2.22%
Sep 19	B	Weak or Absent	Up	Up	Flat	2.22%
Sep 18	B	Weak or Absent	Up	Up	Down	2.22%
Sep 17	B	Weak or Absent	Up	Up	Down	2.22%