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
Dec 15	A	Weak or Absent	Up	Up	Flat	-1.04%
Dec 14	A	Weak or Absent	Up	Up	Flat	-0.96%
Dec 13	A	Weak or Absent	Up	Up	Flat	-1.00%
Dec 12	C	Weak or Absent	Up	Flat	Flat	-0.54%
Dec 11	A	Strong	Up	Up	Flat	-0.83%
Dec 8	A	Weak or Absent	Up	Up	Flat	-0.88%
Dec 7	A	Weak or Absent	Up	Flat	Flat	-0.66%
Dec 6	A	Weak or Absent	Up	Flat	Flat	-0.58%
Dec 5	A	Weak or Absent	Up	Flat	Flat	-0.51%
Dec 4	B	Weak or Absent	Up	Flat	Flat	-0.39%