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 17	C	Weak or Absent	Down	Up	Up	18.15%
Jan 13	D	Weak or Absent	Down	Up	Up	18.66%
Jan 12	D	Weak or Absent	Down	Up	Up	17.80%
Jan 11	D	Weak or Absent	Down	Up	Up	19.32%
Jan 10	D	Weak or Absent	Down	Down	Up	23.83%
Jan 9	D	Weak or Absent	Down	Down	Up	23.77%
Jan 6	D	Weak or Absent	Down	Flat	Up	23.62%
Jan 5	D	Weak or Absent	Down	Down	Down	26.74%
Jan 4	D	Weak or Absent	Down	Flat	Up	23.37%
Jan 3	D	Weak or Absent	Down	Down	Flat	25.90%