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
Dec 27	B	Strong	Up	Up	Up	14.16%
Dec 26	B	Strong	Up	Up	Up	14.60%
Dec 22	B	Strong	Up	Up	Up	15.61%
Dec 21	B	Strong	Up	Up	Up	15.92%
Dec 20	B	Strong	Up	Up	Up	16.81%
Dec 19	B	Strong	Up	Up	Up	15.29%
Dec 18	B	Strong	Up	Up	Up	16.12%
Dec 15	B	Strong	Up	Up	Up	15.60%
Dec 14	A	Strong	Up	Up	Up	14.05%
Dec 13	B	Strong	Up	Up	Up	17.56%