Trend Table for PMO - Putnam Municipal Opportunities Trust

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 14	B	Strong	Up	Up	Up	4.99%
Feb 13	B	Weak or Absent	Up	Up	Up	5.61%
Feb 12	B	Weak or Absent	Up	Up	Up	4.71%
Feb 9	B	Weak or Absent	Up	Up	Up	5.81%
Feb 8	B	Weak or Absent	Up	Up	Flat	6.43%
Feb 7	C	Weak or Absent	Up	Up	Flat	6.74%
Feb 6	C	Weak or Absent	Up	Up	Down	7.36%
Feb 5	C	Weak or Absent	Up	Up	Down	7.57%
Feb 2	B	Weak or Absent	Up	Up	Flat	6.63%
Feb 1	B	Weak or Absent	Up	Up	Up	5.81%