Trend Table for CJ - Cardinal Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Weak or Absent	Up	Up	Up	0.99%
May 16	C	Weak or Absent	Up	Flat	Flat	2.16%
May 15	C	Weak or Absent	Up	Down	Down	2.75%
May 14	C	Weak or Absent	Up	Flat	Down	2.31%
May 13	B	Weak or Absent	Up	Flat	Flat	1.86%
May 10	B	Weak or Absent	Up	Flat	Down	1.86%
May 9	B	Weak or Absent	Up	Up	Flat	-0.16%
May 8	B	Weak or Absent	Up	Up	Down	1.13%
May 7	B	Strong	Up	Up	Down	1.42%
May 6	B	Strong	Up	Up	Down	0.99%