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
May 30	A	Weak or Absent	Up	Flat	Flat	26.90%
May 26	A	Weak or Absent	Up	Up	Flat	26.16%
May 25	A	Weak or Absent	Up	Up	Flat	26.80%
May 24	A	Weak or Absent	Up	Flat	Down	27.34%
May 23	A	Weak or Absent	Up	Up	Flat	26.95%
May 22	A	Weak or Absent	Up	Up	Flat	26.01%
May 19	A	Weak or Absent	Up	Up	Flat	26.08%
May 18	A	Weak or Absent	Up	Up	Flat	26.23%
May 17	A	Weak or Absent	Up	Up	Flat	26.55%
May 16	A	Weak or Absent	Up	Up	Flat	26.72%