Trend Table for FRI - First Trust S&P REIT Index Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	A	Strong	Up	Up	Up	9.28%
Jul 17	A	Strong	Up	Up	Up	8.38%
Jul 16	A	Strong	Up	Up	Up	9.13%
Jul 15	A	Strong	Up	Up	Up	10.45%
Jul 12	A	Strong	Up	Up	Up	11.23%
Jul 11	A	Strong	Up	Up	Up	11.94%
Jul 10	B	Weak or Absent	Up	Up	Up	14.43%
Jul 9	B	Weak or Absent	Up	Up	Flat	15.45%
Jul 8	B	Weak or Absent	Up	Up	Flat	15.45%
Jul 5	B	Weak or Absent	Up	Up	Flat	15.63%