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
Mar 21	A	Strong	Up	Up	Up	7.66%
Mar 20	A	Weak or Absent	Up	Up	Up	7.65%
Mar 19	A	Weak or Absent	Up	Up	Flat	8.91%
Mar 18	B	Strong	Up	Up	Flat	9.43%
Mar 15	B	Strong	Up	Up	Down	9.92%
Mar 14	A	Strong	Up	Up	Up	8.71%
Mar 13	A	Strong	Up	Up	Up	8.61%
Mar 12	A	Strong	Up	Up	Up	8.78%
Mar 11	B	Strong	Up	Up	Flat	10.08%
Mar 8	A	Strong	Up	Up	Flat	9.50%