Trend Table for PMO - Putnam Municipal Opportunities Trust

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 21	F	Weak or Absent	Down	Down	Down	16.97%
Sep 20	F	Weak or Absent	Down	Down	Flat	16.31%
Sep 19	F	Weak or Absent	Down	Down	Down	17.04%
Sep 18	F	Weak or Absent	Down	Down	Down	16.31%
Sep 15	F	Weak or Absent	Down	Down	Flat	15.71%
Sep 14	F	Weak or Absent	Down	Down	Down	16.31%
Sep 13	F	Weak or Absent	Down	Down	Down	15.83%
Sep 12	F	Weak or Absent	Down	Down	Down	16.55%
Sep 11	F	Weak or Absent	Down	Down	Down	16.91%
Sep 8	F	Weak or Absent	Down	Down	Down	15.71%