Trend Table for ISLM - Hejaz Equities Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 6	B	Weak or Absent	N/A	N/A	Flat	19.13%
Jan 5	D	Weak or Absent	N/A	N/A	Flat	19.78%
Jan 3	C	Weak or Absent	N/A	N/A	Down	23.86%
Dec 29	C	Weak or Absent	N/A	N/A	Down	21.79%
Dec 28	C	Weak or Absent	N/A	N/A	Down	22.47%
Dec 19	C	Weak or Absent	N/A	N/A	Down	19.13%
Dec 14	D	Weak or Absent	N/A	N/A	Down	19.13%
Dec 12	A	Weak or Absent	N/A	N/A	Up	17.20%
Dec 9	A	Weak or Absent	N/A	N/A	Up	16.58%
Dec 7	A	Weak or Absent	N/A	N/A	Up	15.34%