Trend Table for WAX - WAM Research Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	C	Strong	Up	Down	Down	11.29%
May 9	C	Strong	Up	Down	Down	11.81%
May 8	C	Strong	Up	Down	Down	11.29%
May 7	C	Strong	Up	Down	Down	11.29%
May 6	C	Strong	Up	Down	Flat	9.75%
May 3	C	Strong	Up	Down	Up	7.75%
May 2	B	Strong	Up	Down	Up	7.75%
May 1	C	Strong	Up	Down	Down	9.24%
Apr 30	C	Strong	Up	Down	Down	8.74%
Apr 29	C	Strong	Up	Down	Down	9.24%