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
Jan 18	D	Weak or Absent	Down	Up	Up	7.07%
Jan 17	D	Weak or Absent	Down	Flat	Up	7.54%
Jan 16	F	Weak or Absent	Down	Flat	Flat	7.91%
Jan 13	D	Weak or Absent	Down	Flat	Up	7.42%
Jan 10	D	Weak or Absent	Down	Flat	Flat	7.54%
Jan 9	F	Weak or Absent	Down	Flat	Flat	7.91%
Jan 6	F	Weak or Absent	Down	Down	Flat	8.63%
Jan 5	F	Weak or Absent	Down	Down	Flat	8.51%
Jan 3	F	Weak or Absent	Down	Down	Flat	8.15%
Dec 29	F	Weak or Absent	Down	Down	Flat	8.27%