Trend Table for ISLM - Hejaz Equities Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	A	Weak or Absent	Up	Up	Up	6.37%
May 10	A	Weak or Absent	Up	Up	Up	7.43%
May 9	A	Weak or Absent	Up	Up	Up	7.43%
May 8	A	Weak or Absent	Up	Up	Flat	8.50%
May 7	A	Weak or Absent	Up	Up	Up	7.96%
May 6	A	Weak or Absent	Up	Up	Up	8.50%
May 3	A	Weak or Absent	Up	Up	Up	8.50%
May 2	A	Weak or Absent	Up	Up	Down	9.60%
May 1	A	Weak or Absent	Up	Up	Flat	8.50%
Apr 29	A	Weak or Absent	Up	Up	Flat	8.50%