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
Jun 4	C	Strong	Down	Flat	Flat	0.56%
Jun 3	D	Strong	Down	Flat	Flat	0.56%
May 31	D	Strong	Down	Flat	Flat	0.61%
May 30	D	Strong	Down	Flat	Flat	0.66%
May 29	D	Strong	Down	Flat	Flat	0.67%
May 28	F	Strong	Down	Flat	Flat	0.84%
May 24	D	Strong	Down	Flat	Flat	0.61%
May 23	D	Strong	Down	Flat	Flat	0.66%
May 22	F	Strong	Down	Flat	Flat	0.83%
May 21	F	Strong	Down	Flat	Flat	0.76%