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
Apr 28	C	Weak or Absent	Flat	Flat	Flat	0.98%
Apr 27	C	Strong	Flat	Flat	Flat	0.98%
Apr 26	C	Strong	Flat	Flat	Flat	1.28%
Apr 25	B	Strong	Flat	Flat	Flat	0.93%
Apr 24	C	Strong	Flat	Up	Flat	0.82%
Apr 21	C	Strong	Flat	Up	Flat	0.93%
Apr 20	B	Strong	Up	Up	Flat	0.68%
Apr 19	B	Strong	Up	Up	Flat	0.68%
Apr 18	B	Strong	Up	Up	Flat	0.63%
Apr 17	B	Strong	Up	Up	Flat	0.48%