Trend Table for VR8 - Vanadium Resources Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 29	D	Strong	Down	Down	Up	-54.39%
Dec 28	F	Strong	Down	Down	Flat	-53.57%
Dec 23	F	Strong	Down	Down	Down	-52.73%
Dec 22	F	Strong	Down	Down	Down	-51.85%
Dec 21	F	Weak or Absent	Down	Down	Down	-52.73%
Dec 20	D	Weak or Absent	Down	Down	Down	-53.57%
Dec 19	F	Weak or Absent	Down	Down	Flat	-55.17%
Dec 16	F	Weak or Absent	Down	Down	Down	-54.39%
Dec 15	F	Weak or Absent	Down	Down	Down	-53.57%
Dec 14	F	Weak or Absent	Down	Down	Down	-54.39%