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 17	A	Strong	Up	Up	Up	12.04%
Jan 16	A	Strong	Up	Up	Up	12.12%
Jan 12	A	Strong	Up	Up	Up	11.11%
Jan 11	A	Strong	Up	Up	Up	11.46%
Jan 10	A	Strong	Up	Up	Up	12.37%
Jan 9	A	Strong	Up	Up	Up	13.06%
Jan 8	A	Strong	Up	Up	Up	13.20%
Jan 5	A	Strong	Up	Up	Flat	13.74%
Jan 4	A	Strong	Up	Up	Down	14.72%
Jan 3	A	Strong	Up	Up	Flat	14.41%