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
Jun 27	D	Strong	Down	Flat	Flat	2.11%
Jun 26	D	Strong	Down	Flat	Flat	2.14%
Jun 23	F	Strong	Down	Flat	Flat	2.40%
Jun 22	F	Weak or Absent	Down	Flat	Flat	2.35%
Jun 21	D	Weak or Absent	Down	Flat	Flat	2.09%
Jun 20	D	Weak or Absent	Down	Flat	Flat	2.14%
Jun 16	D	Weak or Absent	Down	Flat	Up	1.99%
Jun 15	F	Weak or Absent	Down	Flat	Flat	2.50%
Jun 14	F	Weak or Absent	Down	Flat	Flat	2.55%
Jun 13	F	Weak or Absent	Down	Flat	Flat	2.50%