 
                    
                    
                    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        
        
         
            
                                    
    
                
            98.13        
        
         
            
                                    
    
                
                        5.90                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        9W
        
        
         
                    
            
                                     
                DDIV 
            
                                    
    
                
            First Trust Nasdaq Dorsey Wright Momentum & Dividend ETF        
        
         
            
                                    
    
                
            39.60        
        
         
            
                                    
    
                
                        3.46                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                DTRE 
            
                                    
    
                
            First Trust Alerian Disruptive Technology Real Estate ETF        
        
         
            
                                    
    
                
            41.24        
        
         
            
                                    
    
                
                        1.69                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        2W
        
        
         
                    
            
                                     
                EMLP 
            
                                    
    
                
            First Trust North American Energy Infrastructure Fund        
        
         
            
                                    
    
                
            38.08        
        
         
            
                                    
    
                
                        3.82                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
                FAB 
            
                                    
    
                
            First Trust Multi Cap Value AlphaDEX Fund        
        
         
            
                                    
    
                
            87.05        
        
         
            
                                    
    
                
                        3.81                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FAD 
            
                                    
    
                
            First Trust Multi Cap Growth AlphaDEX Fund        
        
         
            
                                    
    
                
            162.85        
        
         
            
                                    
    
                
                        5.69                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FAN 
            
                                    
    
                
            First Trust Global Wind Energy ETF        
        
         
            
                                    
    
                
            19.77        
        
         
            
                                    
    
                
                        4.21                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        4W
        
        
         
                    
            
                                     
                FBT 
            
                                    
    
                
            First Trust NYSE Arca Biotechnology Index Fund        
        
         
            
                                    
    
                
            189.62        
        
         
            
                                    
    
                
                        4.32                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        4W
        
        
         
                    
            
                                     
                FCG 
            
                                    
    
                
            First Trust Natural Gas ETF        
        
         
            
                                    
    
                
            22.15        
        
         
            
                                    
    
                
                        1.23                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FDD 
            
                                    
    
                
            First Trust STOXX European Select Dividend Index Fund        
        
         
            
                                    
    
                
            15.78        
        
         
            
                                    
    
                
                        5.12                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        7W
        
        
         
                    
            
                                     
                FDL 
            
                                    
    
                
            First Trust Morningstar Dividend LeadersSM Index Fund        
        
         
            
                                    
    
                
            43.18        
        
         
            
                                    
    
                
                        2.48                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FDM 
            
                                    
    
                
            First Trust Dow Jones Select MicroCap IndexSM Fund        
        
         
            
                                    
    
                
            74.72        
        
         
            
                                    
    
                
                        5.15                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FDN 
            
                                    
    
                
            First Trust Dow Jones Internet IndexSM Fund        
        
         
            
                                    
    
                
            284.43        
        
         
            
                                    
    
                
                        5.52                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FEX 
            
                                    
    
                
            First Trust Large Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            116.93        
        
         
            
                                    
    
                
                        3.99                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FGD 
            
                                    
    
                
            First Trust Dow Jones Global Select Dividend Index Fund        
        
         
            
                                    
    
                
            28.89        
        
         
            
                                    
    
                
                        4.14                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FIW 
            
                                    
    
                
            First Trust Water ETF        
        
         
            
                                    
    
                
            115.70        
        
         
            
                                    
    
                
                        4.18                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
                FNX 
            
                                    
    
                
            First Trust Mid Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            125.90        
        
         
            
                                    
    
                
                        3.94                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FPX 
            
                                    
    
                
            First Trust US Equity Opportunities ETF        
        
         
            
                                    
    
                
            162.53        
        
         
            
                                    
    
                
                        5.84                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
            
                                     
                FRI 
            
                                    
    
                
            First Trust S&P REIT Index Fund        
        
         
            
                                    
    
                
            28.27        
        
         
            
                                    
    
                
                        2.52                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Negative        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FTA 
            
                                    
    
                
            First Trust Large Cap Value Opportunities AlphaDEX Fund        
        
         
            
                                    
    
                
            83.46        
        
         
            
                                    
    
                
                        2.85                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FTC 
            
                                    
    
                
            First Trust Large Cap Growth Opportunities AlphaDEX Fund        
        
         
            
                                    
    
                
            161.08        
        
         
            
                                    
    
                
                        5.39                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FTDS 
            
                                    
    
                
            First Trust Dividend Strength ETF        
        
         
            
                                    
    
                
            54.86        
        
         
            
                                    
    
                
                        2.53                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FTGC 
            
                                    
    
                
            First Trust Global Tactical Commodity Strategy Fund        
        
         
            
                                    
    
                
            25.91        
        
         
            
                                    
    
                
                        3.01                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FTRI 
            
                                    
    
                
            First Trust Indxx Global Natural Resources Income ETF        
        
         
            
                                    
    
                
            15.05        
        
         
            
                                    
    
                
                        4.04                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FVD 
            
                                    
    
                
            First Trust Value Line Dividend Index Fund        
        
         
            
                                    
    
                
            46.09        
        
         
            
                                    
    
                
                        2.55                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                FXD 
            
                                    
    
                
            First Trust Consumer Discretionary AlphaDEX Fund        
        
         
            
                                    
    
                
            67.84        
        
         
            
                                    
    
                
                        4.58                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FXG 
            
                                    
    
                
            First Trust Consumer Staples AlphaDEX Fund        
        
         
            
                                    
    
                
            63.34        
        
         
            
                                    
    
                
                        1.32                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Negative        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
                FXH 
            
                                    
    
                
            First Trust Health Care AlphaDEX Fund        
        
         
            
                                    
    
                
            113.43        
        
         
            
                                    
    
                
                        4.05                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
                FXL 
            
                                    
    
                
            First Trust Technology AlphaDEX Fund        
        
         
            
                                    
    
                
            170.94        
        
         
            
                                    
    
                
                        5.39                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        3W
        
        
         
                    
            
                                     
                FXN 
            
                                    
    
                
            First Trust Energy AlphaDEX Fund        
        
         
            
                                    
    
                
            15.59        
        
         
            
                                    
    
                
                        0.74                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        4W
        
        
         
                    
            
                                     
                FXO 
            
                                    
    
                
            First Trust Financials AlphaDEX Fund        
        
         
            
                                    
    
                
            57.30        
        
         
            
                                    
    
                
                        4.59                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FXR 
            
                                    
    
                
            First Trust Industrials/Producer Durables AlphaDEX Fund        
        
         
            
                                    
    
                
            79.91        
        
         
            
                                    
    
                
                        4.62                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        12W
        
        
         
                    
            
                                     
                FXU 
            
                                    
    
                
            First Trust Utilities AlphaDEX Fund        
        
         
            
                                    
    
                
            46.87        
        
         
            
                                    
    
                
                        4.68                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        4W
        
        
         
                    
            
                                     
                FXZ 
            
                                    
    
                
            First Trust Materials AlphaDEX Fund        
        
         
            
                                    
    
                
            61.24        
        
         
            
                                    
    
                
                        2.43                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                FYX 
            
                                    
    
                
            First Trust Small Cap Core AlphaDEX Fund        
        
         
            
                                    
    
                
            110.89        
        
         
            
                                    
    
                
                        5.49                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                MDIV 
            
                                    
    
                
            Multi-Asset Diversified Income Index Fund        
        
         
            
                                    
    
                
            15.73        
        
         
            
                                    
    
                
                        1.48                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        6W
        
        
         
                    
            
                                     
                QABA 
            
                                    
    
                
            First Trust NASDAQ ABA Community Bank Index Fund        
        
         
            
                                    
    
                
            54.29        
        
         
            
                                    
    
                
                        1.90                    
        
         
            
                                    
    
                
            Sell        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        5W
        
        
         
                    
            
                                     
                QCLN 
            
                                    
    
                
            First Trust NASDAQ Clean Edge Green Energy Index Fund        
        
         
            
                                    
    
                
            45.51        
        
         
            
                                    
    
                
                        5.89                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        7W
        
        
         
                    
            
                                     
                QQEW 
            
                                    
    
                
            First Trust NASDAQ-100 Equal Weighted IndexSMFund        
        
         
            
                                    
    
                
            144.20        
        
         
            
                                    
    
                
                        5.12                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        6W
        
        
         
                    
            
                                     
                QQXT 
            
                                    
    
                
            First Trust NASDAQ-100 Ex-Technology Sector IndexSMFund        
        
         
            
                                    
    
                
            100.00        
        
         
            
                                    
    
                
                        3.72                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            O        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        1W
        
        
         
                    
            
                                     
                QTEC 
            
                                    
    
                
            First Trust NASDAQ-100-Technology Sector IndexSMFund        
        
         
            
                                    
    
                
            237.38        
        
         
            
                                    
    
                
                        5.60                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        6W
        
        
         
                    
            
                                     
                RBLD 
            
                                    
    
                
            First Trust Alerian US NextGen Infrastructure ETF        
        
         
            
                                    
    
                
            76.32        
        
         
            
                                    
    
                
                        4.09                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        +
                        4W
        
        
         
                    
            
                                     
            
TDIV 
            
                                    
    
                
            First Trust NASDAQ Technology Dividend Index Fund        
        
         
            
                                    
    
                
            99.77        
        
         
            
                                    
    
                
                        5.58                    
        
         
            
                                    
    
                
            Buy        
        
         
            
                                    
    
                
            X        
        
         
            
                                    
    
                
            Positive        
        
         
            
                                    
    
                
                        -
                        2W
        
        
         
                    
