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
Jul 24	B	Strong	Up	Flat	Down	2.80%
Jul 23	B	Strong	Up	Up	Flat	1.77%
Jul 22	B	Strong	Up	Up	Flat	1.77%
Jul 19	A	Strong	Up	Up	Down	2.61%
Jul 18	A	Strong	Up	Up	Down	2.37%
Jul 17	B	Strong	Up	Up	Down	2.24%
Jul 16	B	Strong	Up	Up	Flat	1.33%
Jul 15	B	Strong	Up	Up	Flat	1.35%
Jul 12	B	Strong	Up	Up	Flat	1.55%
Jul 11	B	Strong	Up	Up	Flat	1.54%