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 30	B	Weak or Absent	Flat	Up	Up	16.92%
Jan 27	B	Weak or Absent	Up	Up	Up	15.54%
Jan 26	C	Weak or Absent	Flat	Up	Up	17.10%
Jan 25	C	Weak or Absent	Down	Up	Up	18.31%
Jan 24	C	Weak or Absent	Down	Up	Up	18.05%
Jan 23	C	Weak or Absent	Down	Up	Up	18.49%
Jan 20	C	Weak or Absent	Down	Up	Up	19.66%
Jan 19	C	Weak or Absent	Down	Up	Up	21.21%
Jan 18	C	Weak or Absent	Down	Up	Up	20.58%
Jan 17	C	Weak or Absent	Down	Up	Up	19.16%