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 21	A	Weak or Absent	Up	Up	Up	0.58%
Aug 20	B	Weak or Absent	Up	Up	Up	1.23%
Aug 19	B	Weak or Absent	Up	Up	Up	0.72%
Aug 16	A	Weak or Absent	Up	Up	Up	1.33%
Aug 15	A	Weak or Absent	Up	Up	Up	1.46%
Aug 14	A	Weak or Absent	Up	Flat	Up	2.20%
Aug 13	A	Weak or Absent	Up	Flat	Up	2.45%
Aug 12	C	Strong	Up	Flat	Flat	3.03%
Aug 9	C	Strong	Up	Down	Flat	3.51%
Aug 8	C	Strong	Up	Down	Down	4.07%