Trend Table for WAX - WAM Research Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 30	F	Strong	Down	Down	Down	25.50%
Nov 29	D	Strong	Down	Down	Down	24.86%
Nov 28	D	Strong	Down	Down	Up	23.02%
Nov 27	D	Strong	Down	Down	Flat	24.24%
Nov 24	F	Strong	Down	Down	Down	25.50%
Nov 23	D	Strong	Down	Down	Flat	24.24%
Nov 22	D	Strong	Down	Down	Up	21.81%
Nov 21	D	Strong	Down	Down	Flat	24.24%
Nov 20	D	Strong	Down	Down	Down	24.24%
Nov 17	D	Strong	Down	Down	Up	21.81%