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 11	D	Weak or Absent	Up	Flat	Flat	-1.07%
Jan 10	A	Weak or Absent	Up	Flat	Flat	-1.32%
Jan 9	A	Weak or Absent	Up	Up	Flat	-1.69%
Jan 8	A	Weak or Absent	Up	Up	Flat	-1.61%
Jan 5	A	Weak or Absent	Up	Up	Flat	-1.67%
Jan 4	A	Weak or Absent	Up	Flat	Flat	-1.47%
Jan 3	A	Weak or Absent	Up	Up	Flat	-1.57%
Jan 2	A	Weak or Absent	Up	Up	Flat	-1.62%
Dec 29	B	Weak or Absent	Up	Up	Flat	-1.77%
Dec 28	A	Weak or Absent	Up	Up	Flat	-1.88%