Trend Table for LSF - L1 Long Short Fund Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	B	Strong	Up	Up	Flat	8.26%
Dec 27	B	Strong	Up	Up	Down	9.36%
Dec 22	A	Strong	Up	Up	Flat	8.26%
Dec 21	B	Strong	Up	Up	Down	10.11%
Dec 20	A	Strong	Up	Up	Up	6.83%
Dec 19	A	Weak or Absent	Up	Up	Up	6.83%
Dec 18	A	Weak or Absent	Up	Up	Up	7.90%
Dec 15	A	Weak or Absent	Up	Up	Up	8.26%
Dec 14	A	Weak or Absent	Up	Up	Up	7.54%
Dec 13	A	Weak or Absent	Up	Up	Up	8.26%