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 22	A	Strong	Up	Up	Up	17.16%
Dec 21	A	Strong	Up	Up	Flat	17.48%
Dec 20	A	Strong	Up	Up	Flat	17.69%
Dec 19	A	Strong	Up	Up	Up	17.03%
Dec 18	A	Strong	Up	Up	Up	17.28%
Dec 15	A	Strong	Up	Up	Up	18.09%
Dec 14	A	Strong	Up	Up	Up	17.84%
Dec 13	A	Strong	Up	Up	Up	17.92%
Dec 12	A	Strong	Up	Up	Up	18.28%
Dec 11	A	Strong	Up	Up	Up	19.08%