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
Aug 29	A	Weak or Absent	Up	Up	Flat	-1.49%
Aug 28	A	Weak or Absent	Up	Up	Flat	-1.54%
Aug 27	B	Weak or Absent	Up	Up	Flat	-1.29%
Aug 26	B	Weak or Absent	Up	Up	Flat	-1.19%
Aug 23	B	Weak or Absent	Up	Up	Flat	-1.26%
Aug 22	B	Weak or Absent	Up	Up	Flat	-1.28%
Aug 21	A	Weak or Absent	Up	Up	Flat	-1.43%
Aug 20	A	Weak or Absent	Up	Up	Flat	-1.44%
Aug 19	A	Weak or Absent	Up	Up	Flat	-1.24%
Aug 16	A	Weak or Absent	Up	Up	Up	-1.65%