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
Jun 3	A	Weak or Absent	Up	Up	Flat	7.99%
May 31	A	Weak or Absent	Up	Up	Flat	7.96%
May 30	A	Weak or Absent	Up	Flat	Flat	8.70%
May 29	A	Weak or Absent	Up	Up	Flat	8.20%
May 28	A	Weak or Absent	Up	Up	Flat	8.13%
May 24	A	Weak or Absent	Up	Up	Flat	8.15%
May 23	A	Weak or Absent	Up	Flat	Down	9.09%
May 22	B	Weak or Absent	Up	Flat	Flat	8.66%
May 21	A	Weak or Absent	Up	Up	Flat	7.96%
May 20	B	Weak or Absent	Up	Up	Flat	8.34%