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
Jun 4	B	Weak or Absent	Up	Up	Up	16.76%
Jun 3	B	Weak or Absent	Up	Up	Flat	17.88%
May 31	B	Weak or Absent	Up	Up	Up	17.46%
May 30	C	Weak or Absent	Up	Down	Down	19.70%
May 29	C	Weak or Absent	Flat	Down	Down	21.40%
May 28	C	Weak or Absent	Up	Down	Down	20.07%
May 24	C	Weak or Absent	Up	Down	Down	19.49%
May 23	C	Weak or Absent	Up	Down	Down	19.54%
May 22	C	Weak or Absent	Up	Up	Flat	16.99%
May 21	B	Weak or Absent	Up	Up	Up	15.99%