Trend Table for WAX - WAM Research Limited

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 2	C	Strong	Down	Down	Flat	23.02%
Nov 1	C	Strong	Down	Down	Flat	23.02%
Oct 31	B	Strong	Down	Down	Flat	22.41%
Oct 30	C	Strong	Down	Down	Down	23.63%
Oct 27	C	Strong	Down	Down	Down	24.24%
Oct 26	C	Strong	Down	Down	Down	22.41%
Oct 25	C	Strong	Down	Down	Down	23.02%
Oct 24	C	Strong	Down	Down	Down	23.02%
Oct 23	C	Strong	Down	Down	Down	23.02%
Oct 20	C	Strong	Down	Down	Down	20.62%