 
                    
                    
                    This weekly overview is designed to be used as a "radar" screen to bring your attention to potentially important technical changes that may require your attention and potential action. When evaluating the Fund Score, the strongest issues have scores of 4 or higher while those ETFs with scores below a 3 are no longer considered solid citizens.
        
        
                         
    
    
                
                Symbol             
                                    
                Name             
                                    
                Price             
                                    
                Fund Score             
                                    
                PnF Signal             
                                    
                RS Col.             
                                    
                PnF Trend             
                                    
                Weekly Mom             
                                
            
                                     
                AIRR 
            
                                    
    
                
            First Trust RBA American Industrial Renaissance ETF        
        
         
            
                                    
    
                
            89.88        
        
         
            
                                    
    
                
                        5.91                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                DDIV 
            
                                    
    
                
            First Trust Nasdaq Dorsey Wright Momentum & Dividend ETF        
        
         
            
                                    
    
                
            38.66        
        
         
            
                                    
    
                
                        3.75                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                DTRE 
            
                                    
    
                
            First Trust Alerian Disruptive Technology Real Estate ETF        
        
         
            
                                    
    
                
            39.67        
        
         
            
                                    
    
                
                        0.87                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        8W
        
        
         
                    
            
                                     
                EMLP 
            
                                    
    
                
            First Trust North American Energy Infrastructure Fund        
        
         
            
                                    
    
                
            37.75        
        
         
            
                                    
    
                
                        4.04                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        1W
        
        
         
                    
            
                                     
                FAB 
            
                                    
    
                
            First Trust Multi Cap Value AlphaDEX Fund        
        
         
            
                                    
    
                
            85.61        
        
         
            
                                    
    
                
                        4.15                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FAD 
            
                                    
    
                
            First Trust Multi Cap Growth AlphaDEX Fund        
        
         
            
                                    
    
                
            150.92        
        
         
            
                                    
    
                
                        5.65                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FAN 
            
                                    
    
                
            First Trust Global Wind Energy ETF        
        
         
            
                                    
    
                
            18.95        
        
         
            
                                    
    
                
                        4.44                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FBT 
            
                                    
    
                
            First Trust NYSE Arca Biotechnology Index Fund        
        
         
            
                                    
    
                
            172.70        
        
         
            
                                    
    
                
                        2.65                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        2W
        
        
         
                    
            
                                     
                FCG 
            
                                    
    
                
            First Trust Natural Gas ETF        
        
         
            
                                    
    
                
            22.47        
        
         
            
                                    
    
                
                        1.40                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FDD 
            
                                    
    
                
            First Trust STOXX European Select Dividend Index Fund        
        
         
            
                                    
    
                
            16.29        
        
         
            
                                    
    
                
                        5.70                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        2W
        
        
         
                    
            
                                     
                FDL 
            
                                    
    
                
            First Trust Morningstar Dividend LeadersSM Index Fund        
        
         
            
                                    
    
                
            43.77        
        
         
            
                                    
    
                
                        3.31                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
                FDM 
            
                                    
    
                
            First Trust Dow Jones Select MicroCap IndexSM Fund        
        
         
            
                                    
    
                
            72.40        
        
         
            
                                    
    
                
                        5.61                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FDN 
            
                                    
    
                
            First Trust Dow Jones Internet IndexSM Fund        
        
         
            
                                    
    
                
            269.70        
        
         
            
                                    
    
                
                        5.54                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FEX 
            
                                    
    
                
            First Trust Large Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            113.23        
        
         
            
                                    
    
                
                        3.48                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FGD 
            
                                    
    
                
            First Trust Dow Jones Global Select Dividend Index Fund        
        
         
            
                                    
    
                
            28.68        
        
         
            
                                    
    
                
                        4.76                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        10W
        
        
         
                    
            
                                     
                FIW 
            
                                    
    
                
            First Trust Water ETF        
        
         
            
                                    
    
                
            113.60        
        
         
            
                                    
    
                
                        4.14                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
                FNX 
            
                                    
    
                
            First Trust Mid Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            119.79        
        
         
            
                                    
    
                
                        3.79                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FPX 
            
                                    
    
                
            First Trust US Equity Opportunities ETF        
        
         
            
                                    
    
                
            147.29        
        
         
            
                                    
    
                
                        5.82                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FRI 
            
                                    
    
                
            First Trust S&P REIT Index Fund        
        
         
            
                                    
    
                
            27.25        
        
         
            
                                    
    
                
                        1.77                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Negative        
        
         
            
                                    
    
                
                        -
                        8W
        
        
         
                    
            
                                     
                FTA 
            
                                    
    
                
            First Trust Large Cap Value Opportunities AlphaDEX Fund        
        
         
            
                                    
    
                
            81.71        
        
         
            
                                    
    
                
                        3.14                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FTC 
            
                                    
    
                
            First Trust Large Cap Growth Opportunities AlphaDEX Fund        
        
         
            
                                    
    
                
            154.52        
        
         
            
                                    
    
                
                        5.65                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FTDS 
            
                                    
    
                
            First Trust Dividend Strength ETF        
        
         
            
                                    
    
                
            54.85        
        
         
            
                                    
    
                
                        3.24                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FTGC 
            
                                    
    
                
            First Trust Global Tactical Commodity Strategy Fund        
        
         
            
                                    
    
                
            24.77        
        
         
            
                                    
    
                
                        2.56                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FTRI 
            
                                    
    
                
            First Trust Indxx Global Natural Resources Income ETF        
        
         
            
                                    
    
                
            14.42        
        
         
            
                                    
    
                
                        3.95                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FVD 
            
                                    
    
                
            First Trust Value Line Dividend Index Fund        
        
         
            
                                    
    
                
            46.24        
        
         
            
                                    
    
                
                        2.81                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        2W
        
        
         
                    
            
                                     
                FXD 
            
                                    
    
                
            First Trust Consumer Discretionary AlphaDEX Fund        
        
         
            
                                    
    
                
            67.49        
        
         
            
                                    
    
                
                        4.45                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FXG 
            
                                    
    
                
            First Trust Consumer Staples AlphaDEX Fund        
        
         
            
                                    
    
                
            64.83        
        
         
            
                                    
    
                
                        1.70                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Negative        
        
         
            
                                    
    
                
                        +
                        8W
        
        
         
                    
            
                                     
                FXH 
            
                                    
    
                
            First Trust Health Care AlphaDEX Fund        
        
         
            
                                    
    
                
            106.47        
        
         
            
                                    
    
                
                        2.50                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        2W
        
        
         
                    
            
                                     
                FXL 
            
                                    
    
                
            First Trust Technology AlphaDEX Fund        
        
         
            
                                    
    
                
            156.98        
        
         
            
                                    
    
                
                        4.06                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FXN 
            
                                    
    
                
            First Trust Energy AlphaDEX Fund        
        
         
            
                                    
    
                
            15.47        
        
         
            
                                    
    
                
                        0.34                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FXO 
            
                                    
    
                
            First Trust Financials AlphaDEX Fund        
        
         
            
                                    
    
                
            57.48        
        
         
            
                                    
    
                
                        5.37                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FXR 
            
                                    
    
                
            First Trust Industrials/Producer Durables AlphaDEX Fund        
        
         
            
                                    
    
                
            78.37        
        
         
            
                                    
    
                
                        5.18                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FXU 
            
                                    
    
                
            First Trust Utilities AlphaDEX Fund        
        
         
            
                                    
    
                
            44.80        
        
         
            
                                    
    
                
                        4.51                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        6W
        
        
         
                    
            
                                     
                FXZ 
            
                                    
    
                
            First Trust Materials AlphaDEX Fund        
        
         
            
                                    
    
                
            58.97        
        
         
            
                                    
    
                
                        1.85                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Negative        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FYX 
            
                                    
    
                
            First Trust Small Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            103.40        
        
         
            
                                    
    
                
                        4.40                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                MDIV 
            
                                    
    
                
            Multi-Asset Diversified Income Index Fund        
        
         
            
                                    
    
                
            16.09        
        
         
            
                                    
    
                
                        1.70                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        16W
        
        
         
                    
            
                                     
                QABA 
            
                                    
    
                
            First Trust NASDAQ ABA Community Bank Index Fund        
        
         
            
                                    
    
                
            55.68        
        
         
            
                                    
    
                
                        3.16                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                QCLN 
            
                                    
    
                
            First Trust NASDAQ Clean Edge Green Energy Index Fund        
        
         
            
                                    
    
                
            37.07        
        
         
            
                                    
    
                
                        4.26                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                QQEW 
            
                                    
    
                
            First Trust NASDAQ-100 Equal Weighted IndexSMFund        
        
         
            
                                    
    
                
            135.91        
        
         
            
                                    
    
                
                        4.69                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                QQXT 
            
                                    
    
                
            First Trust NASDAQ-100 Ex-Technology Sector IndexSMFund        
        
         
            
                                    
    
                
            98.99        
        
         
            
                                    
    
                
                        3.84                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                QTEC 
            
                                    
    
                
            First Trust NASDAQ-100-Technology Sector IndexSMFund        
        
         
            
                                    
    
                
            210.73        
        
         
            
                                    
    
                
                        4.91                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                RBLD 
            
                                    
    
                
            First Trust Alerian US NextGen Infrastructure ETF        
        
         
            
                                    
    
                
            73.11        
        
         
            
                                    
    
                
                        4.20                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
            
TDIV 
            
                                    
    
                
            First Trust NASDAQ Technology Dividend Index Fund        
        
         
            
                                    
    
                
            91.04        
        
         
            
                                    
    
                
                        5.53                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
