Trend Table for ISLM - Hejaz Equities Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 5	A	Weak or Absent	N/A	Up	Up	18.48%
Jul 3	A	Weak or Absent	N/A	Up	Up	16.58%
Jun 30	B	Weak or Absent	N/A	Up	Up	18.48%
Jun 28	D	Weak or Absent	N/A	Down	Flat	21.11%
Jun 27	C	Weak or Absent	N/A	Flat	Flat	20.44%
Jun 23	D	Weak or Absent	N/A	Flat	Flat	20.44%
Jun 21	B	Weak or Absent	N/A	Flat	Up	19.78%
Jun 20	B	Weak or Absent	N/A	Up	Up	19.13%
Jun 19	B	Weak or Absent	N/A	Flat	Up	19.78%
Jun 16	B	Weak or Absent	N/A	Flat	Up	19.78%