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 8	C	Strong	Flat	Up	Flat	1.06%
Jul 5	D	Strong	Down	Flat	Flat	1.16%
Jul 3	D	Strong	Down	Flat	Flat	1.21%
Jul 2	D	Strong	Down	Flat	Flat	1.41%
Jul 1	D	Strong	Down	Flat	Flat	1.32%
Jun 28	F	Strong	Down	Flat	Flat	1.78%
Jun 27	F	Strong	Down	Flat	Flat	1.98%
Jun 26	F	Strong	Down	Flat	Flat	1.89%
Jun 25	F	Strong	Down	Flat	Flat	1.94%
Jun 24	F	Strong	Down	Flat	Flat	1.81%