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
Jan 22	C	Strong	Up	Up	Down	13.19%
Jan 19	C	Strong	Up	Up	Down	13.76%
Jan 18	B	Strong	Up	Up	Down	15.24%
Jan 17	B	Strong	Up	Up	Down	14.30%
Jan 16	B	Strong	Up	Up	Flat	12.23%
Jan 12	A	Strong	Up	Up	Flat	11.45%
Jan 11	B	Strong	Up	Up	Down	12.28%
Jan 10	A	Strong	Up	Up	Flat	11.20%
Jan 9	A	Strong	Up	Up	Flat	11.71%
Jan 8	A	Strong	Up	Up	Flat	10.99%