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 10	A	Strong	Up	Up	Up	0.58%
Jul 9	A	Strong	Up	Up	Up	0.93%
Jul 8	A	Strong	Up	Up	Up	1.09%
Jul 5	A	Strong	Up	Up	Up	1.15%
Jul 3	A	Strong	Up	Up	Up	1.22%
Jul 2	A	Strong	Up	Up	Flat	1.86%
Jul 1	A	Strong	Up	Up	Flat	1.52%
Jun 28	A	Strong	Up	Up	Flat	2.12%
Jun 27	A	Strong	Up	Up	Flat	1.89%
Jun 26	A	Strong	Up	Up	Flat	1.80%