Trend Table for FRI - First Trust S&P REIT Index Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 29	C	Weak or Absent	Flat	Down	Down	18.49%
May 28	C	Weak or Absent	Up	Down	Down	17.20%
May 24	C	Weak or Absent	Up	Down	Down	16.62%
May 23	C	Weak or Absent	Up	Down	Down	16.68%
May 22	C	Weak or Absent	Up	Up	Flat	14.19%
May 21	B	Weak or Absent	Up	Up	Up	13.21%
May 20	B	Weak or Absent	Up	Up	Up	13.12%
May 17	B	Weak or Absent	Up	Up	Up	12.51%
May 16	B	Weak or Absent	Up	Up	Up	12.67%
May 15	C	Weak or Absent	Up	Up	Up	12.59%