Trend Table for CNAO - CI Alternative North American Opportunities Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 30	A	Strong	N/A	Up	Up	26.16%
Nov 28	A	Strong	N/A	Up	Up	27.04%
Nov 22	A	Strong	N/A	Up	Up	24.43%
Oct 25	A	Strong	N/A	Up	Down	37.69%
Oct 20	A	Strong	N/A	Up	Down	36.01%
Oct 10	A	Strong	N/A	Up	Flat	33.52%
Aug 24	A	Strong	N/A	Up	Up	32.24%
Aug 14	A	Strong	N/A	Up	Up	32.60%
Jul 31	A	Strong	N/A	Up	Up	32.66%
Jul 26	A	Strong	N/A	Up	Up	33.58%