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
Jan 2	A	Weak or Absent	Up	Up	Flat	-1.02%
Dec 29	B	Weak or Absent	Up	Up	Flat	-1.17%
Dec 28	A	Weak or Absent	Up	Up	Flat	-1.28%
Dec 27	B	Weak or Absent	Up	Up	Flat	-1.25%
Dec 26	B	Weak or Absent	Up	Up	Flat	-1.28%
Dec 22	A	Weak or Absent	Up	Up	Flat	-1.24%
Dec 21	A	Weak or Absent	Up	Up	Flat	-1.46%
Dec 20	A	Weak or Absent	Up	Up	Flat	-1.16%
Dec 19	A	Weak or Absent	Up	Up	Flat	-1.27%
Dec 18	A	Weak or Absent	Up	Up	Flat	-1.09%