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
Jan 26	C	Weak or Absent	Up	Up	Down	18.29%
Jan 25	C	Weak or Absent	Up	Up	Down	18.30%
Jan 24	C	Strong	Up	Up	Down	19.47%
Jan 23	C	Strong	Up	Up	Down	17.71%
Jan 22	C	Strong	Up	Up	Down	17.05%
Jan 19	C	Strong	Up	Up	Down	17.64%
Jan 18	B	Strong	Up	Up	Down	19.17%
Jan 17	B	Strong	Up	Up	Down	18.20%
Jan 16	B	Strong	Up	Up	Flat	16.05%
Jan 12	A	Strong	Up	Up	Flat	15.26%