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
Jul 12	D	Strong	Flat	Up	Flat	1.55%
Jul 11	C	Strong	Flat	Up	Flat	1.40%
Jul 10	D	Strong	Flat	Up	Flat	1.65%
Jul 7	D	Strong	Flat	Up	Flat	1.81%
Jul 6	C	Strong	Flat	Up	Flat	1.86%
Jul 5	D	Strong	Flat	Up	Flat	1.91%
Jul 3	D	Strong	Flat	Up	Flat	1.76%
Jun 30	D	Strong	Flat	Up	Flat	1.60%
Jun 29	D	Strong	Flat	Up	Flat	1.86%
Jun 28	D	Strong	Down	Flat	Flat	2.11%