Trend Table for ISLM - Hejaz Equities Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 4	A	Weak or Absent	N/A	Up	Up	12.37%
Aug 28	A	Weak or Absent	N/A	Up	Flat	14.74%
Aug 21	A	Weak or Absent	N/A	Up	Down	16.58%
Aug 18	A	Weak or Absent	N/A	Up	Down	15.34%
Aug 15	A	Weak or Absent	N/A	Up	Flat	14.74%
Aug 14	A	Weak or Absent	N/A	Up	Up	14.14%
Aug 10	A	Weak or Absent	N/A	Up	Up	14.14%
Aug 8	A	Weak or Absent	N/A	Up	Up	12.95%
Aug 7	A	Weak or Absent	N/A	Up	Up	12.95%
Aug 1	A	Weak or Absent	N/A	Up	Up	14.14%