Trend Table for WAX - WAM Research Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 15	B	Strong	Up	Up	Up	16.66%
Jan 12	C	Strong	Down	Up	Flat	19.46%
Jan 11	C	Strong	Down	Up	Up	18.32%
Jan 10	C	Strong	Down	Up	Flat	20.04%
Jan 9	C	Strong	Down	Up	Flat	20.04%
Jan 8	C	Strong	Down	Up	Flat	20.04%
Jan 5	C	Strong	Down	Up	Up	19.46%
Jan 4	C	Strong	Down	Up	Up	19.46%
Jan 3	C	Strong	Down	Up	Up	18.32%
Jan 2	C	Weak or Absent	Down	Up	Up	20.04%