Trend Table for PMO - Putnam Municipal Opportunities Trust

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 20	A	Strong	Up	Up	Up	-3.27%
Jan 19	A	Weak or Absent	Up	Up	Up	-2.36%
Jan 18	A	Weak or Absent	Up	Up	Up	-0.75%
Jan 17	A	Weak or Absent	Up	Up	Up	-1.60%
Jan 13	B	Weak or Absent	Up	Up	Up	-0.67%
Jan 12	B	Weak or Absent	Up	Up	Up	-1.01%
Jan 11	A	Weak or Absent	Up	Up	Up	0.20%
Jan 10	A	Weak or Absent	Up	Up	Up	-0.41%
Jan 9	A	Weak or Absent	Up	Up	Up	0.20%
Jan 6	B	Weak or Absent	Down	Up	Up	3.46%