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 1	A	Strong	Up	Up	Flat	16.82%
Nov 30	A	Strong	Up	Up	Flat	16.97%
Nov 29	A	Strong	Up	Up	Flat	17.29%
Nov 28	A	Strong	Up	Up	Flat	16.97%
Nov 27	A	Strong	Up	Up	Flat	17.35%
Nov 24	A	Strong	Up	Up	Flat	17.52%
Nov 22	A	Strong	Up	Up	Up	16.95%
Nov 21	A	Strong	Up	Up	Flat	17.86%
Nov 20	A	Strong	Up	Up	Up	17.41%
Nov 17	A	Strong	Up	Up	Up	17.86%