Trend Table for ISLM - Hejaz Equities Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	B	Weak or Absent	N/A	Up	Up	14.36%
Nov 17	C	Weak or Absent	N/A	Down	Up	15.59%
Nov 16	B	Weak or Absent	N/A	Up	Up	13.76%
Nov 15	B	Weak or Absent	N/A	Up	Up	13.76%
Nov 14	B	Weak or Absent	N/A	Flat	Up	14.97%
Nov 10	C	Weak or Absent	N/A	Flat	Up	15.59%
Nov 9	D	Weak or Absent	N/A	Down	Up	17.49%
Nov 7	F	Weak or Absent	N/A	Down	Flat	18.78%
Nov 3	F	Weak or Absent	N/A	Down	Flat	18.13%
Nov 2	F	Weak or Absent	N/A	Down	Down	20.79%