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
Jun 21	F	Strong	Down	Flat	Flat	1.58%
Jun 20	D	Strong	Down	Flat	Flat	1.79%
Jun 18	D	Strong	Down	Flat	Flat	1.53%
Jun 17	D	Strong	Down	Flat	Flat	1.45%
Jun 14	D	Strong	Down	Flat	Flat	1.53%
Jun 13	D	Strong	Down	Flat	Flat	1.45%
Jun 12	D	Strong	Down	Flat	Flat	1.34%
Jun 11	D	Strong	Down	Flat	Flat	1.56%
Jun 10	D	Strong	Down	Flat	Flat	1.37%
Jun 7	D	Strong	Down	Flat	Flat	1.19%