Trend Table for PMO - Putnam Municipal Opportunities Trust

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	C	Weak or Absent	Up	Flat	Up	9.23%
May 9	C	Weak or Absent	Up	Up	Up	9.12%
May 8	C	Weak or Absent	Up	Flat	Up	9.47%
May 7	D	Weak or Absent	Up	Flat	Up	10.01%
May 6	D	Weak or Absent	Up	Down	Up	10.95%
May 3	C	Weak or Absent	Up	Down	Up	11.01%
May 2	C	Strong	Up	Down	Flat	11.63%
May 1	D	Strong	Flat	Down	Flat	12.37%
Apr 30	D	Strong	Flat	Down	Down	12.37%
Apr 29	D	Strong	Flat	Down	Flat	12.26%