Trend Table for ISLM - Hejaz Equities Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 12	A	Weak or Absent	N/A	Up	Up	14.21%
Jan 10	B	Weak or Absent	N/A	Up	Flat	15.43%
Jan 8	C	Weak or Absent	N/A	Flat	Down	17.30%
Jan 2	A	Weak or Absent	N/A	Up	Up	13.61%
Dec 29	A	Weak or Absent	N/A	Up	Up	13.61%
Dec 28	A	Weak or Absent	N/A	Up	Up	14.81%
Dec 27	A	Weak or Absent	N/A	Up	Up	15.43%
Dec 22	A	Weak or Absent	N/A	Up	Up	14.81%
Dec 21	A	Weak or Absent	N/A	Up	Up	14.81%
Dec 20	A	Weak or Absent	N/A	Up	Up	14.81%