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
Aug 1	A	Strong	Up	Up	Up	7.55%
Jul 31	A	Strong	Up	Up	Flat	8.63%
Jul 30	A	Strong	Up	Up	Up	8.12%
Jul 29	A	Strong	Up	Up	Flat	8.71%
Jul 26	B	Strong	Up	Up	Flat	9.36%
Jul 25	B	Strong	Up	Up	Down	11.24%
Jul 24	B	Strong	Up	Up	Flat	10.09%
Jul 23	A	Strong	Up	Up	Up	8.08%
Jul 22	A	Strong	Up	Up	Up	8.08%
Jul 19	A	Strong	Up	Up	Up	9.52%