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
Dec 20	B	Strong	Up	Up	Up	12.04%
Dec 19	B	Strong	Up	Up	Up	10.58%
Dec 18	B	Strong	Up	Up	Up	11.38%
Dec 15	B	Strong	Up	Up	Up	10.88%
Dec 14	A	Strong	Up	Up	Up	9.40%
Dec 13	B	Strong	Up	Up	Up	12.76%
Dec 12	B	Strong	Up	Up	Up	17.00%
Dec 11	B	Strong	Up	Up	Up	17.08%
Dec 8	B	Strong	Up	Up	Up	17.64%
Dec 7	B	Strong	Up	Up	Up	17.66%