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
Apr 24	C	Weak or Absent	Down	Flat	Flat	6.31%
Apr 21	C	Weak or Absent	Down	Up	Up	5.26%
Apr 20	C	Weak or Absent	Down	Up	Flat	6.31%
Apr 18	C	Weak or Absent	Down	Flat	Flat	6.60%
Apr 17	D	Weak or Absent	Down	Flat	Up	6.60%
Apr 13	D	Weak or Absent	Down	Flat	Up	6.72%
Apr 12	F	Weak or Absent	Down	Flat	Up	7.07%
Apr 11	F	Weak or Absent	Down	Down	Flat	7.55%
Apr 10	D	Weak or Absent	Down	Up	Up	5.89%
Apr 6	D	Weak or Absent	Down	Up	Up	5.89%