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 11	B	Strong	Up	Up	Down	16.12%
Jan 10	A	Strong	Up	Up	Flat	14.99%
Jan 9	A	Strong	Up	Up	Flat	15.52%
Jan 8	A	Strong	Up	Up	Flat	14.77%
Jan 5	B	Strong	Up	Up	Down	16.55%
Jan 4	B	Strong	Up	Up	Down	16.37%
Jan 3	B	Strong	Up	Up	Down	16.15%
Jan 2	A	Strong	Up	Up	Up	13.56%
Dec 29	B	Strong	Up	Up	Flat	14.69%
Dec 28	A	Strong	Up	Up	Up	13.30%