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
Mar 23	F	Strong	Down	Down	Down	35.59%
Mar 22	F	Strong	Down	Down	Down	34.75%
Mar 21	D	Strong	Down	Down	Down	29.80%
Mar 20	D	Strong	Down	Down	Down	29.25%
Mar 17	D	Strong	Down	Down	Down	30.85%
Mar 16	D	Strong	Down	Down	Down	27.75%
Mar 15	D	Strong	Down	Down	Down	27.12%
Mar 14	D	Weak or Absent	Down	Down	Down	26.71%
Mar 13	D	Weak or Absent	Down	Down	Down	27.90%
Mar 10	D	Weak or Absent	Down	Down	Down	29.53%