Trend Table for MMD - MainStay DefinedTerm Municipal Opportunities Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 3	A	Very Strong	Up	Up	Up	5.39%
Jan 2	B	Very Strong	Up	Up	Up	6.10%
Dec 29	B	Very Strong	Up	Up	Flat	7.01%
Dec 28	C	Very Strong	Up	Up	Flat	7.14%
Dec 27	C	Very Strong	Up	Up	Up	6.75%
Dec 26	C	Very Strong	Up	Up	Up	7.01%
Dec 22	C	Very Strong	Up	Up	Up	7.21%
Dec 21	C	Very Strong	Flat	Up	Up	7.41%
Dec 20	B	Strong	Flat	Up	Up	7.34%
Dec 19	C	Strong	Up	Up	Up	7.28%