Trend Table for ISLM - Hejaz Equities Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 31	D	Weak or Absent	N/A	Down	Down	20.79%
Oct 30	D	Weak or Absent	N/A	Down	Down	20.79%
Oct 23	D	Weak or Absent	N/A	Down	Down	18.78%
Oct 20	D	Weak or Absent	N/A	Down	Down	17.49%
Oct 19	C	Weak or Absent	N/A	Down	Flat	16.85%
Oct 18	C	Weak or Absent	N/A	Down	Up	15.59%
Oct 17	B	Weak or Absent	N/A	Flat	Up	14.97%
Oct 16	A	Weak or Absent	N/A	Flat	Up	14.97%
Oct 13	B	Weak or Absent	N/A	Up	Up	13.76%
Oct 11	B	Weak or Absent	N/A	Flat	Up	14.97%