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 3	D	Weak or Absent	Down	Down	Flat	25.67%
Dec 30	D	Weak or Absent	Down	Down	Flat	25.40%
Dec 29	D	Weak or Absent	Down	Down	Flat	24.73%
Dec 28	D	Weak or Absent	Down	Down	Down	27.37%
Dec 27	C	Weak or Absent	Down	Down	Down	24.93%
Dec 23	C	Weak or Absent	Down	Down	Down	25.04%
Dec 22	C	Weak or Absent	Down	Down	Down	24.78%
Dec 21	C	Weak or Absent	Down	Flat	Down	24.26%
Dec 20	C	Weak or Absent	Down	Down	Down	25.30%
Dec 19	C	Weak or Absent	Down	Flat	Down	24.79%