Trend Table for WAX - WAM Research Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 16	D	Strong	Down	Down	Down	24.24%
Nov 15	D	Strong	Down	Down	Down	24.24%
Nov 14	F	Strong	Down	Down	Down	25.50%
Nov 13	F	Strong	Down	Down	Down	25.50%
Nov 10	D	Strong	Down	Down	Down	23.63%
Nov 9	C	Strong	Down	Down	Flat	22.41%
Nov 8	D	Strong	Down	Down	Flat	23.02%
Nov 7	C	Strong	Down	Down	Up	21.21%
Nov 6	C	Strong	Down	Down	Flat	22.41%
Nov 3	C	Strong	Down	Down	Up	20.62%