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 12	A	Weak or Absent	Up	Up	Flat	8.59%
May 11	A	Weak or Absent	Up	Up	Flat	8.60%
May 10	B	Weak or Absent	Up	Flat	Flat	8.91%
May 9	B	Weak or Absent	Up	Flat	Flat	8.99%
May 8	C	Weak or Absent	Flat	Down	Down	9.95%
May 5	A	Weak or Absent	Up	Up	Flat	8.52%
May 4	A	Weak or Absent	Up	Up	Up	8.05%
May 3	A	Weak or Absent	Up	Up	Flat	8.36%
May 2	A	Weak or Absent	Up	Flat	Flat	8.91%
May 1	C	Weak or Absent	Flat	Flat	Down	9.79%