Trend Table for MMD - MainStay DefinedTerm Municipal Opportunities Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Strong	Up	Up	Up	-2.36%
May 17	B	Strong	Up	Up	Up	-2.01%
May 16	B	Weak or Absent	Up	Up	Up	-1.17%
May 15	B	Weak or Absent	Up	Up	Up	-0.87%
May 14	B	Weak or Absent	Up	Up	Flat	-0.38%
May 13	C	Weak or Absent	Up	Flat	Up	-0.32%
May 10	C	Weak or Absent	Up	Up	Up	-0.38%
May 9	C	Weak or Absent	Up	Up	Up	-0.44%
May 8	C	Weak or Absent	Up	Flat	Up	-0.32%
May 7	C	Weak or Absent	Up	Up	Up	-0.38%