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 9	D	Weak or Absent	Flat	Flat	Flat	0.18%
Apr 8	F	Weak or Absent	Down	Flat	Flat	0.43%
Apr 5	D	Weak or Absent	Down	Flat	Flat	0.28%
Apr 4	D	Weak or Absent	Flat	Flat	Flat	0.18%
Apr 3	D	Weak or Absent	Flat	Flat	Flat	-0.13%
Apr 2	D	Weak or Absent	Flat	Flat	Flat	-0.04%
Apr 1	D	Weak or Absent	Flat	Flat	Flat	-0.08%
Mar 28	F	Strong	Flat	Flat	Flat	0.03%
Mar 27	C	Strong	Flat	Flat	Up	-0.33%
Mar 26	D	Strong	Flat	Flat	Flat	0.08%