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
Oct 10	D	Weak or Absent	Up	Flat	Flat	-0.98%
Oct 9	D	Weak or Absent	Flat	Flat	Flat	-0.88%
Oct 8	D	Weak or Absent	Flat	Flat	Flat	-0.74%
Oct 7	D	Weak or Absent	Flat	Down	Flat	-0.62%
Oct 4	D	Weak or Absent	Flat	Down	Flat	-0.64%
Oct 3	F	Weak or Absent	Flat	Down	Flat	-0.57%
Oct 2	F	Weak or Absent	Flat	Down	Flat	-0.60%
Oct 1	F	Weak or Absent	Flat	Down	Flat	-0.41%
Sep 30	F	Weak or Absent	Flat	Down	Down	-0.33%
Sep 27	F	Weak or Absent	Flat	Down	Flat	-0.49%