Trend Table for CJ - Cardinal Energy Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	D	Weak or Absent	Flat	Flat	Flat	2.94%
Oct 23	F	Weak or Absent	Down	Down	Down	3.89%
Oct 22	D	Weak or Absent	Flat	Down	Flat	2.94%
Oct 21	F	Weak or Absent	Down	Down	Down	3.73%
Oct 18	F	Weak or Absent	Down	Down	Down	3.89%
Oct 17	F	Weak or Absent	Down	Down	Down	4.05%
Oct 16	F	Weak or Absent	Down	Down	Down	4.54%
Oct 15	F	Weak or Absent	Flat	Down	Down	3.73%
Oct 11	C	Weak or Absent	Up	Flat	Up	1.54%
Oct 10	C	Weak or Absent	Up	Flat	Up	1.84%