Trend Table for PFSS - Picton Mahoney Fortified Special Situations Alternative Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 27	A	Weak or Absent	Up	Up	Up	4.34%
Mar 25	B	Weak or Absent	Up	Up	Up	4.57%
Mar 14	B	Weak or Absent	Up	Up	Up	4.57%
Mar 13	B	Weak or Absent	Up	Up	Flat	5.03%
Mar 5	B	Weak or Absent	Up	Up	Up	4.69%
Mar 4	B	Weak or Absent	Up	Up	Flat	5.26%
Mar 1	B	Weak or Absent	Up	Up	Flat	5.26%
Feb 29	B	Weak or Absent	Up	Up	Flat	5.38%
Feb 27	B	Weak or Absent	Up	Up	Flat	5.26%
Feb 26	B	Weak or Absent	Up	Up	Up	5.15%