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
Sep 5	B	Weak or Absent	Flat	Flat	Flat	6.55%
Aug 30	D	Weak or Absent	Down	Down	Down	7.63%
Aug 25	B	Weak or Absent	Flat	Flat	Flat	6.43%
Aug 24	C	Weak or Absent	Down	Flat	Down	7.15%
Aug 23	C	Weak or Absent	Flat	Flat	Flat	6.67%
Aug 22	A	Weak or Absent	Up	Up	Flat	5.96%
Aug 21	B	Weak or Absent	Up	Up	Flat	5.84%
Aug 17	B	Weak or Absent	Flat	Flat	Flat	6.43%
Aug 16	B	Weak or Absent	Flat	Flat	Flat	6.43%
Aug 15	B	Weak or Absent	Up	Up	Flat	5.84%