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 8	A	Strong	Up	Up	Up	19.18%
Dec 7	A	Strong	Up	Up	Up	19.78%
Dec 6	A	Strong	Up	Up	Flat	20.21%
Dec 5	A	Strong	Up	Up	Up	19.87%
Dec 4	A	Strong	Up	Up	Flat	20.56%
Nov 30	A	Strong	Up	Up	Flat	20.61%
Nov 29	A	Strong	Up	Up	Flat	20.93%
Nov 28	A	Strong	Up	Up	Flat	20.61%
Nov 27	A	Strong	Up	Up	Flat	21.00%
Nov 24	A	Strong	Up	Up	Flat	21.18%