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
Jul 12	A	Strong	Up	Up	Up	8.26%
Jul 11	A	Strong	Up	Up	Up	8.96%
Jul 10	B	Weak or Absent	Up	Up	Up	11.38%
Jul 9	B	Weak or Absent	Up	Up	Flat	12.36%
Jul 8	B	Weak or Absent	Up	Up	Flat	12.36%
Jul 5	B	Weak or Absent	Up	Up	Flat	12.54%
Jul 3	B	Weak or Absent	Up	Up	Flat	12.80%
Jul 2	B	Weak or Absent	Up	Up	Flat	12.67%
Jul 1	B	Weak or Absent	Up	Up	Flat	13.31%
Jun 28	B	Weak or Absent	Up	Up	Flat	12.39%