Trend Table for SPA - Spanish Mountain Gold Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 25	D	Weak or Absent	Down	Down	Down	-25.00%
Sep 24	D	Weak or Absent	Down	Down	Down	-27.27%
Sep 23	D	Weak or Absent	Down	Down	Down	-27.27%
Sep 20	D	Weak or Absent	Down	Down	Down	-27.27%
Sep 19	D	Weak or Absent	Down	Down	Down	-27.27%
Sep 18	C	Weak or Absent	Down	Up	Up	-29.41%
Sep 17	C	Weak or Absent	Down	Up	Up	-29.41%
Sep 16	C	Weak or Absent	Down	Up	Up	-29.41%
Sep 13	C	Weak or Absent	Down	Up	Up	-31.43%
Sep 12	D	Weak or Absent	Down	Up	Up	-29.41%