Trend Table for MISL - First Trust Indxx Aerospace & Defense ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	A	Strong	Up	Up	Up	6.31%
Jul 30	A	Strong	Up	Up	Up	8.18%
Jul 29	A	Strong	Up	Up	Up	8.79%
Jul 26	A	Strong	Up	Up	Up	9.02%
Jul 25	A	Weak or Absent	Up	Up	Up	9.56%
Jul 24	A	Weak or Absent	Up	Up	Flat	12.14%
Jul 23	A	Weak or Absent	Up	Up	Up	10.06%
Jul 22	B	Weak or Absent	Up	Up	Up	12.16%
Jul 19	B	Weak or Absent	Up	Up	Flat	13.46%
Jul 18	B	Weak or Absent	Up	Up	Up	12.69%