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 24	A	Strong	Up	Up	Flat	14.45%
Jan 23	A	Strong	Up	Up	Up	13.84%
Jan 22	A	Strong	Up	Up	Up	14.13%
Jan 19	A	Strong	Up	Up	Up	14.69%
Jan 18	A	Strong	Up	Up	Up	14.75%
Jan 17	A	Strong	Up	Up	Up	15.53%
Jan 16	A	Strong	Up	Up	Up	15.61%
Jan 12	A	Strong	Up	Up	Up	14.57%
Jan 11	A	Strong	Up	Up	Up	14.92%
Jan 10	A	Strong	Up	Up	Up	15.87%