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 16	C	Weak or Absent	Down	Up	Down	23.40%
Dec 15	C	Weak or Absent	Down	Up	Flat	20.05%
Dec 14	C	Weak or Absent	Down	Up	Up	18.63%
Dec 13	C	Weak or Absent	Down	Up	Up	18.11%
Dec 12	B	Weak or Absent	Down	Up	Flat	19.76%
Dec 9	C	Weak or Absent	Down	Up	Flat	20.48%
Dec 8	C	Weak or Absent	Down	Up	Flat	20.24%
Dec 7	C	Weak or Absent	Down	Up	Down	21.14%
Dec 6	C	Weak or Absent	Down	Up	Down	21.40%
Dec 5	C	Weak or Absent	Down	Up	Down	20.63%