Trend Table for NUW - Nuveen AMT-Free Municipal Value Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 26	B	Weak or Absent	Up	Flat	Up	8.59%
May 25	C	Weak or Absent	Flat	Down	Flat	9.79%
May 24	C	Weak or Absent	Flat	Down	Down	10.11%
May 23	D	Weak or Absent	Flat	Down	Down	10.44%
May 22	D	Weak or Absent	Flat	Down	Down	10.27%
May 19	C	Weak or Absent	Up	Flat	Flat	9.39%
May 18	C	Weak or Absent	Flat	Down	Down	9.71%
May 17	C	Weak or Absent	Flat	Down	Down	9.95%
May 16	B	Weak or Absent	Up	Flat	Flat	9.07%
May 15	A	Weak or Absent	Up	Up	Up	8.12%