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 20	C	Weak or Absent	Down	Flat	Down	31.98%
Dec 19	C	Weak or Absent	Down	Flat	Down	32.11%
Dec 16	B	Weak or Absent	Down	Flat	Down	31.76%
Dec 15	A	Weak or Absent	Up	Up	Down	30.20%
Dec 14	C	Strong	Down	Flat	Down	31.84%
Dec 13	A	Strong	Up	Up	Flat	28.58%
Dec 12	A	Strong	Up	Up	Flat	28.86%
Dec 9	A	Strong	Up	Up	Down	29.50%
Dec 8	A	Strong	Up	Up	Flat	28.83%
Dec 7	A	Strong	Up	Up	Flat	29.27%