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 22	A	Strong	Up	Up	Up	10.52%
Feb 21	B	Strong	Up	Up	Down	13.74%
Feb 20	A	Strong	Up	Up	Flat	12.39%
Feb 16	B	Strong	Up	Up	Flat	12.26%
Feb 15	A	Strong	Up	Up	Up	11.13%
Feb 14	A	Strong	Up	Up	Up	11.41%
Feb 13	A	Strong	Up	Up	Flat	12.91%
Feb 12	A	Strong	Up	Up	Up	11.49%
Feb 9	A	Strong	Up	Up	Up	11.00%
Feb 8	A	Strong	Up	Up	Up	12.03%