Trend Table for WAX - WAM Research Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 13	B	Strong	Flat	Up	Flat	17.80%
Feb 12	B	Strong	Flat	Up	Flat	17.80%
Feb 9	C	Strong	Flat	Up	Flat	18.36%
Feb 8	B	Strong	Flat	Up	Flat	17.80%
Feb 7	C	Strong	Flat	Up	Flat	18.36%
Feb 6	C	Strong	Flat	Up	Flat	18.36%
Feb 5	C	Strong	Flat	Up	Flat	18.36%
Feb 2	B	Strong	Flat	Up	Flat	17.80%
Feb 1	C	Strong	Down	Up	Down	18.94%
Jan 31	B	Strong	Flat	Up	Flat	17.80%