Trend Table for MARB - First Trust Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 25	F	Strong	Down	Down	Flat	2.41%
Apr 24	F	Strong	Down	Down	Down	2.36%
Apr 23	F	Strong	Down	Down	Flat	2.10%
Apr 22	F	Strong	Down	Down	Flat	1.84%
Apr 19	F	Strong	Down	Down	Flat	1.99%
Apr 18	F	Strong	Down	Down	Down	1.94%
Apr 17	F	Strong	Down	Down	Down	1.84%
Apr 16	F	Strong	Down	Down	Down	1.84%
Apr 15	F	Weak or Absent	Down	Down	Down	1.73%
Apr 12	D	Weak or Absent	Down	Down	Down	1.53%