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
Feb 23	C	Weak or Absent	Up	Up	Flat	6.20%
Feb 22	B	Weak or Absent	Up	Up	Flat	5.73%
Feb 21	B	Weak or Absent	Up	Up	Flat	5.73%
Feb 15	C	Weak or Absent	Flat	Flat	Down	6.67%
Feb 14	B	Weak or Absent	Up	Up	Flat	5.61%
Feb 12	C	Weak or Absent	Up	Up	Flat	5.96%
Feb 9	C	Weak or Absent	Up	Up	Flat	5.73%
Feb 8	C	Weak or Absent	Up	Up	Flat	5.73%
Feb 7	C	Weak or Absent	Up	Up	Flat	5.38%
Feb 6	C	Weak or Absent	Up	Up	Flat	5.61%