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 22	A	Weak or Absent	Up	Up	Flat	4.69%
Apr 19	A	Weak or Absent	Up	Up	Flat	5.03%
Apr 18	A	Weak or Absent	Up	Up	Flat	4.69%
Apr 16	A	Weak or Absent	Up	Up	Flat	4.34%
Apr 11	A	Weak or Absent	Up	Up	Flat	4.46%
Apr 10	A	Weak or Absent	Up	Up	Flat	4.46%
Apr 8	B	Weak or Absent	Up	Up	Flat	4.69%
Apr 2	B	Weak or Absent	Up	Up	Flat	4.80%
Apr 1	B	Weak or Absent	Up	Up	Flat	4.46%
Mar 28	A	Weak or Absent	Up	Up	Up	4.23%