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
Jan 31	A	Strong	Up	Up	Flat	10.90%
Jan 30	A	Strong	Up	Up	Up	9.30%
Jan 29	A	Strong	Up	Up	Up	9.67%
Jan 26	A	Strong	Up	Up	Up	10.33%
Jan 25	A	Strong	Up	Up	Up	10.29%
Jan 24	A	Strong	Up	Up	Flat	11.00%
Jan 23	A	Strong	Up	Up	Up	10.41%
Jan 22	A	Strong	Up	Up	Up	10.69%
Jan 19	A	Strong	Up	Up	Up	11.23%
Jan 18	A	Strong	Up	Up	Up	11.28%