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 14	B	Strong	Up	Up	Flat	0.73%
Apr 13	B	Strong	Up	Up	Flat	0.73%
Apr 12	B	Strong	Flat	Up	Flat	0.88%
Apr 11	B	Strong	Flat	Up	Flat	0.83%
Apr 10	B	Strong	Flat	Up	Flat	0.83%
Apr 6	B	Strong	Flat	Up	Flat	1.03%
Apr 5	B	Strong	Flat	Up	Flat	1.07%
Apr 4	B	Weak or Absent	Flat	Up	Up	0.98%
Apr 3	C	Weak or Absent	Flat	Up	Up	1.07%
Mar 31	C	Weak or Absent	Flat	Flat	Up	1.23%