Trend Table for SPA - Spanish Mountain Gold Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 21	F	Strong	Down	Down	Down	0.00%
Nov 20	F	Strong	Down	Down	Down	0.00%
Nov 19	F	Strong	Down	Down	Down	-2.13%
Nov 18	F	Strong	Down	Down	Down	-4.17%
Nov 15	F	Strong	Down	Down	Down	-4.17%
Nov 14	D	Strong	Down	Down	Flat	-11.54%
Nov 13	F	Strong	Down	Down	Down	-4.17%
Nov 12	F	Strong	Down	Down	Down	-11.54%
Nov 11	F	Strong	Down	Down	Down	-11.54%
Nov 8	F	Strong	Down	Down	Flat	-14.81%