 
                    
                    
                    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        
        
         
            
                                    
    
                
            96.68        
        
         
            
                                    
    
                
                        5.90                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                DDIV 
            
                                    
    
                
            First Trust Nasdaq Dorsey Wright Momentum & Dividend ETF        
        
         
            
                                    
    
                
            40.19        
        
         
            
                                    
    
                
                        4.09                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        6W
        
        
         
                    
            
                                     
                DTRE 
            
                                    
    
                
            First Trust Alerian Disruptive Technology Real Estate ETF        
        
         
            
                                    
    
                
            39.50        
        
         
            
                                    
    
                
                        1.12                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                EMLP 
            
                                    
    
                
            First Trust North American Energy Infrastructure Fund        
        
         
            
                                    
    
                
            38.29        
        
         
            
                                    
    
                
                        4.01                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FAB 
            
                                    
    
                
            First Trust Multi Cap Value AlphaDEX Fund        
        
         
            
                                    
    
                
            87.26        
        
         
            
                                    
    
                
                        3.90                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FAD 
            
                                    
    
                
            First Trust Multi Cap Growth AlphaDEX Fund        
        
         
            
                                    
    
                
            160.55        
        
         
            
                                    
    
                
                        5.72                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        1W
        
        
         
                    
            
                                     
                FAN 
            
                                    
    
                
            First Trust Global Wind Energy ETF        
        
         
            
                                    
    
                
            19.21        
        
         
            
                                    
    
                
                        3.68                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
                FBT 
            
                                    
    
                
            First Trust NYSE Arca Biotechnology Index Fund        
        
         
            
                                    
    
                
            179.29        
        
         
            
                                    
    
                
                        3.29                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FCG 
            
                                    
    
                
            First Trust Natural Gas ETF        
        
         
            
                                    
    
                
            23.49        
        
         
            
                                    
    
                
                        1.71                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        1W
        
        
         
                    
            
                                     
                FDD 
            
                                    
    
                
            First Trust STOXX European Select Dividend Index Fund        
        
         
            
                                    
    
                
            16.15        
        
         
            
                                    
    
                
                        5.54                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FDL 
            
                                    
    
                
            First Trust Morningstar Dividend LeadersSM Index Fund        
        
         
            
                                    
    
                
            43.41        
        
         
            
                                    
    
                
                        2.53                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FDM 
            
                                    
    
                
            First Trust Dow Jones Select MicroCap IndexSM Fund        
        
         
            
                                    
    
                
            75.75        
        
         
            
                                    
    
                
                        5.39                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FDN 
            
                                    
    
                
            First Trust Dow Jones Internet IndexSM Fund        
        
         
            
                                    
    
                
            279.84        
        
         
            
                                    
    
                
                        5.45                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        1W
        
        
         
                    
            
                                     
                FEX 
            
                                    
    
                
            First Trust Large Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            116.82        
        
         
            
                                    
    
                
                        4.15                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FGD 
            
                                    
    
                
            First Trust Dow Jones Global Select Dividend Index Fund        
        
         
            
                                    
    
                
            28.75        
        
         
            
                                    
    
                
                        4.22                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FIW 
            
                                    
    
                
            First Trust Water ETF        
        
         
            
                                    
    
                
            112.35        
        
         
            
                                    
    
                
                        3.69                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FNX 
            
                                    
    
                
            First Trust Mid Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            125.41        
        
         
            
                                    
    
                
                        3.94                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FPX 
            
                                    
    
                
            First Trust US Equity Opportunities ETF        
        
         
            
                                    
    
                
            166.16        
        
         
            
                                    
    
                
                        5.95                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        3W
        
        
         
                    
            
                                     
                FRI 
            
                                    
    
                
            First Trust S&P REIT Index Fund        
        
         
            
                                    
    
                
            28.11        
        
         
            
                                    
    
                
                        2.57                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Negative        
        
         
            
                                    
    
                
                        -
                        1W
        
        
         
                    
            
                                     
                FTA 
            
                                    
    
                
            First Trust Large Cap Value Opportunities AlphaDEX Fund        
        
         
            
                                    
    
                
            83.33        
        
         
            
                                    
    
                
                        2.90                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FTC 
            
                                    
    
                
            First Trust Large Cap Growth Opportunities AlphaDEX Fund        
        
         
            
                                    
    
                
            160.66        
        
         
            
                                    
    
                
                        5.58                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FTDS 
            
                                    
    
                
            First Trust Dividend Strength ETF        
        
         
            
                                    
    
                
            55.58        
        
         
            
                                    
    
                
                        2.97                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FTGC 
            
                                    
    
                
            First Trust Global Tactical Commodity Strategy Fund        
        
         
            
                                    
    
                
            25.90        
        
         
            
                                    
    
                
                        3.05                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        5W
        
        
         
                    
            
                                     
                FTRI 
            
                                    
    
                
            First Trust Indxx Global Natural Resources Income ETF        
        
         
            
                                    
    
                
            15.19        
        
         
            
                                    
    
                
                        4.20                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FVD 
            
                                    
    
                
            First Trust Value Line Dividend Index Fund        
        
         
            
                                    
    
                
            46.24        
        
         
            
                                    
    
                
                        2.62                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FXD 
            
                                    
    
                
            First Trust Consumer Discretionary AlphaDEX Fund        
        
         
            
                                    
    
                
            68.22        
        
         
            
                                    
    
                
                        4.86                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FXG 
            
                                    
    
                
            First Trust Consumer Staples AlphaDEX Fund        
        
         
            
                                    
    
                
            62.67        
        
         
            
                                    
    
                
                        1.35                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Negative        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FXH 
            
                                    
    
                
            First Trust Health Care AlphaDEX Fund        
        
         
            
                                    
    
                
            109.67        
        
         
            
                                    
    
                
                        2.99                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FXL 
            
                                    
    
                
            First Trust Technology AlphaDEX Fund        
        
         
            
                                    
    
                
            167.99        
        
         
            
                                    
    
                
                        5.37                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        4W
        
        
         
                    
            
                                     
                FXN 
            
                                    
    
                
            First Trust Energy AlphaDEX Fund        
        
         
            
                                    
    
                
            16.30        
        
         
            
                                    
    
                
                        2.50                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        1W
        
        
         
                    
            
                                     
                FXO 
            
                                    
    
                
            First Trust Financials AlphaDEX Fund        
        
         
            
                                    
    
                
            59.39        
        
         
            
                                    
    
                
                        5.34                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FXR 
            
                                    
    
                
            First Trust Industrials/Producer Durables AlphaDEX Fund        
        
         
            
                                    
    
                
            78.06        
        
         
            
                                    
    
                
                        4.48                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        9W
        
        
         
                    
            
                                     
                FXU 
            
                                    
    
                
            First Trust Utilities AlphaDEX Fund        
        
         
            
                                    
    
                
            45.45        
        
         
            
                                    
    
                
                        4.66                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FXZ 
            
                                    
    
                
            First Trust Materials AlphaDEX Fund        
        
         
            
                                    
    
                
            61.59        
        
         
            
                                    
    
                
                        2.64                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FYX 
            
                                    
    
                
            First Trust Small Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            108.98        
        
         
            
                                    
    
                
                        5.41                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                MDIV 
            
                                    
    
                
            Multi-Asset Diversified Income Index Fund        
        
         
            
                                    
    
                
            16.04        
        
         
            
                                    
    
                
                        1.97                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                QABA 
            
                                    
    
                
            First Trust NASDAQ ABA Community Bank Index Fund        
        
         
            
                                    
    
                
            56.15        
        
         
            
                                    
    
                
                        3.53                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                QCLN 
            
                                    
    
                
            First Trust NASDAQ Clean Edge Green Energy Index Fund        
        
         
            
                                    
    
                
            41.96        
        
         
            
                                    
    
                
                        5.69                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        4W
        
        
         
                    
            
                                     
                QQEW 
            
                                    
    
                
            First Trust NASDAQ-100 Equal Weighted IndexSMFund        
        
         
            
                                    
    
                
            141.11        
        
         
            
                                    
    
                
                        4.99                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        3W
        
        
         
                    
            
                                     
                QQXT 
            
                                    
    
                
            First Trust NASDAQ-100 Ex-Technology Sector IndexSMFund        
        
         
            
                                    
    
                
            98.93        
        
         
            
                                    
    
                
                        3.69                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        10W
        
        
         
                    
            
                                     
                QTEC 
            
                                    
    
                
            First Trust NASDAQ-100-Technology Sector IndexSMFund        
        
         
            
                                    
    
                
            229.61        
        
         
            
                                    
    
                
                        5.45                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        3W
        
        
         
                    
            
                                     
                RBLD 
            
                                    
    
                
            First Trust Alerian US NextGen Infrastructure ETF        
        
         
            
                                    
    
                
            75.53        
        
         
            
                                    
    
                
                        4.24                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
            
TDIV 
            
                                    
    
                
            First Trust NASDAQ Technology Dividend Index Fund        
        
         
            
                                    
    
                
            98.59        
        
         
            
                                    
    
                
                        5.50                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        4W
        
        
         
                    
