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
Dec 15	A	Strong	Up	Up	Up	14.52%
Dec 14	A	Strong	Up	Up	Up	14.28%
Dec 13	A	Strong	Up	Up	Up	14.36%
Dec 12	A	Strong	Up	Up	Up	14.71%
Dec 11	A	Strong	Up	Up	Up	15.49%
Dec 8	A	Strong	Up	Up	Up	15.59%
Dec 7	A	Strong	Up	Up	Up	16.17%
Dec 6	A	Strong	Up	Up	Flat	16.59%
Dec 5	A	Strong	Up	Up	Up	16.25%
Dec 4	A	Strong	Up	Up	Flat	16.93%