Trend Table for IBC - Ironbark Capital Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 3	C	Weak or Absent	Down	Down	Up	8.36%
Jun 30	F	Strong	Down	Down	Flat	10.74%
Jun 28	F	Strong	Down	Down	Flat	10.74%
Jun 27	C	Strong	Down	Down	Up	9.52%
Jun 26	F	Strong	Down	Down	Flat	10.74%
Jun 21	C	Weak or Absent	Down	Down	Up	9.52%
Jun 16	F	Weak or Absent	Down	Down	Flat	10.74%
Jun 9	F	Weak or Absent	Down	Down	Down	12.00%
Jun 8	C	Weak or Absent	Down	Down	Up	9.52%
Jun 7	F	Weak or Absent	Down	Down	Down	12.00%