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
Nov 6	F	Strong	Flat	Down	Flat	-0.26%
Nov 5	F	Strong	Down	Down	Flat	0.36%
Nov 4	F	Strong	Down	Down	Flat	0.13%
Nov 1	F	Strong	Flat	Down	Flat	-0.08%
Oct 31	F	Strong	Down	Down	Down	0.22%
Oct 30	F	Weak or Absent	Flat	Down	Down	0.00%
Oct 29	F	Weak or Absent	Down	Down	Down	0.46%
Oct 28	F	Weak or Absent	Flat	Down	Down	0.05%
Oct 25	F	Weak or Absent	Flat	Down	Down	-0.05%
Oct 24	D	Weak or Absent	Up	Flat	Flat	-0.93%