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 11	D	Weak or Absent	Down	Flat	Flat	1.06%
Apr 10	D	Weak or Absent	Flat	Flat	Flat	0.91%
Apr 9	D	Weak or Absent	Flat	Flat	Flat	0.91%
Apr 8	F	Weak or Absent	Down	Flat	Flat	1.17%
Apr 5	D	Weak or Absent	Down	Flat	Flat	1.01%
Apr 4	D	Weak or Absent	Flat	Flat	Flat	0.91%
Apr 3	D	Weak or Absent	Flat	Flat	Flat	0.61%
Apr 2	D	Weak or Absent	Flat	Flat	Flat	0.70%
Apr 1	D	Weak or Absent	Flat	Flat	Flat	0.66%
Mar 28	F	Strong	Flat	Flat	Flat	0.76%