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 15	A	Weak or Absent	Up	Up	Up	-1.49%
Aug 14	A	Weak or Absent	Up	Up	Flat	-1.27%
Aug 13	A	Weak or Absent	Up	Up	Flat	-1.28%
Aug 12	A	Weak or Absent	Up	Up	Flat	-0.93%
Aug 9	A	Weak or Absent	Up	Up	Flat	-0.90%
Aug 8	A	Weak or Absent	Up	Up	Flat	-0.95%
Aug 7	A	Weak or Absent	Up	Up	Flat	-0.65%
Aug 6	A	Weak or Absent	Up	Up	Flat	-0.60%
Aug 5	A	Weak or Absent	Flat	Up	Flat	-0.35%
Aug 2	A	Weak or Absent	Up	Up	Flat	-0.85%