Trend Table for PTF - Pender Growth Fund (VCC) Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 28	A	Weak or Absent	Up	Up	Up	-0.45%
Oct 25	A	Weak or Absent	Up	Up	Up	0.00%
Oct 24	B	Weak or Absent	Up	Up	Up	0.91%
Oct 23	B	Weak or Absent	Up	Up	Up	0.91%
Oct 22	C	Weak or Absent	Up	Flat	Down	3.74%
Oct 21	B	Weak or Absent	Up	Up	Up	2.30%
Oct 18	D	Weak or Absent	Up	Flat	Down	4.23%
Oct 17	D	Weak or Absent	Up	Flat	Down	4.13%
Oct 16	B	Weak or Absent	Up	Up	Flat	2.30%
Oct 15	C	Weak or Absent	Up	Up	Flat	2.78%