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 9	A	Strong	Up	Up	Up	16.58%
Jan 8	A	Strong	Up	Up	Up	16.72%
Jan 5	A	Strong	Up	Up	Flat	17.28%
Jan 4	A	Strong	Up	Up	Down	18.28%
Jan 3	A	Strong	Up	Up	Flat	17.97%
Jan 2	A	Strong	Up	Up	Down	18.26%
Dec 29	B	Strong	Up	Up	Down	17.97%
Dec 28	A	Strong	Up	Up	Flat	16.89%
Dec 27	B	Strong	Up	Up	Flat	17.12%
Dec 26	B	Strong	Up	Up	Flat	16.99%