Trend Table for HDMV - First Trust Horizon Managed Volatility Developed International ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	A	Weak or Absent	Up	Up	Down	12.08%
May 22	B	Weak or Absent	Up	Up	Flat	11.25%
May 21	A	Weak or Absent	Up	Up	Flat	10.40%
May 20	A	Weak or Absent	Up	Up	Up	10.31%
May 17	A	Weak or Absent	Up	Up	Up	10.02%
May 16	A	Weak or Absent	Up	Up	Up	10.44%
May 15	A	Weak or Absent	Up	Up	Up	10.31%
May 14	A	Weak or Absent	Up	Up	Up	10.67%
May 13	A	Weak or Absent	Up	Up	Up	11.18%
May 10	A	Weak or Absent	Up	Up	Up	11.18%