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
Feb 29	A	Strong	Up	Up	Up	6.76%
Feb 28	A	Strong	Up	Up	Up	7.15%
Feb 27	A	Strong	Up	Up	Up	6.73%
Feb 26	A	Strong	Up	Up	Up	6.83%
Feb 23	A	Strong	Up	Up	Up	6.67%
Feb 22	A	Strong	Up	Up	Up	7.19%
Feb 21	B	Strong	Up	Up	Down	10.31%
Feb 20	A	Strong	Up	Up	Flat	9.00%
Feb 16	B	Strong	Up	Up	Flat	8.87%
Feb 15	A	Strong	Up	Up	Up	7.78%