Trend Table for CJ - Cardinal Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 16	B	Weak or Absent	Up	Up	Up	-1.89%
Jul 15	B	Weak or Absent	Up	Up	Up	-0.62%
Jul 12	C	Weak or Absent	Up	Up	Up	1.87%
Jul 11	C	Weak or Absent	Up	Up	Up	2.17%
Jul 10	D	Weak or Absent	Up	Down	Flat	3.70%
Jul 9	C	Weak or Absent	Up	Down	Down	4.80%
Jul 8	D	Weak or Absent	Up	Down	Flat	3.70%
Jul 5	D	Weak or Absent	Up	Down	Flat	3.70%
Jul 4	C	Weak or Absent	Up	Flat	Up	2.17%
Jul 3	C	Weak or Absent	Up	Down	Up	2.93%