Trend Table for PE1 - PENGANA PRIVATE EQUITY TRUST

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 25	C	Weak or Absent	Down	Up	Up	-10.12%
Oct 24	C	Strong	Down	Up	Down	-7.97%
Oct 23	C	Strong	Down	Up	Flat	-8.70%
Oct 22	C	Strong	Down	Up	Flat	-9.41%
Oct 21	C	Strong	Down	Up	Up	-10.12%
Oct 18	C	Strong	Down	Flat	Down	-6.85%
Oct 17	C	Strong	Down	Up	Down	-7.60%
Oct 16	C	Strong	Down	Up	Down	-7.60%
Oct 15	C	Strong	Down	Up	Up	-10.47%
Oct 14	C	Strong	Down	Up	Up	-9.06%