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
Aug 1	A	Strong	Up	Up	Flat	24.37%
Jul 31	A	Strong	Up	Up	Up	23.93%
Jul 28	A	Strong	Up	Up	Up	23.99%
Jul 27	A	Strong	Up	Up	Flat	24.65%
Jul 26	A	Strong	Up	Up	Flat	24.88%
Jul 25	A	Strong	Up	Up	Up	24.41%
Jul 24	A	Strong	Up	Up	Up	24.81%
Jul 21	A	Strong	Up	Up	Up	24.74%
Jul 20	A	Strong	Up	Up	Up	25.39%
Jul 19	A	Strong	Up	Up	Up	25.16%