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
May 20	B	Weak or Absent	Up	Up	Up	15.90%
May 17	B	Weak or Absent	Up	Up	Up	15.27%
May 16	B	Weak or Absent	Up	Up	Up	15.43%
May 15	C	Weak or Absent	Up	Up	Up	15.36%
May 14	C	Weak or Absent	Up	Up	Up	16.64%
May 13	C	Weak or Absent	Up	Up	Up	17.55%
May 10	C	Weak or Absent	Up	Flat	Up	18.01%
May 9	C	Weak or Absent	Up	Flat	Up	17.74%
May 8	D	Weak or Absent	Up	Down	Up	20.12%
May 7	D	Weak or Absent	Up	Down	Up	18.87%