Trend Table for FTLS - First Trust Long/Short Equity

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	A	Weak or Absent	Up	Up	Flat	-0.26%
Nov 19	A	Weak or Absent	Up	Up	Flat	-0.38%
Nov 18	A	Weak or Absent	Up	Up	Flat	-0.26%
Nov 15	A	Strong	Up	Up	Flat	0.15%
Nov 14	A	Strong	Up	Up	Up	-0.43%
Nov 13	A	Strong	Up	Up	Up	-0.62%
Nov 12	A	Weak or Absent	Up	Up	Up	-0.46%
Nov 11	A	Weak or Absent	Up	Up	Up	-0.55%
Nov 8	A	Weak or Absent	Up	Up	Up	-0.67%
Nov 7	A	Weak or Absent	Up	Up	Up	-0.34%