Trend Table for NUW - Nuveen AMT-Free Municipal Value Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 19	C	Weak or Absent	Up	Flat	Flat	7.56%
May 18	C	Weak or Absent	Flat	Down	Down	7.88%
May 17	C	Weak or Absent	Flat	Down	Down	8.11%
May 16	B	Weak or Absent	Up	Flat	Flat	7.25%
May 15	A	Weak or Absent	Up	Up	Up	6.32%
May 12	A	Weak or Absent	Up	Up	Flat	6.78%
May 11	A	Weak or Absent	Up	Up	Flat	6.79%
May 10	B	Weak or Absent	Up	Flat	Flat	7.10%
May 9	B	Weak or Absent	Up	Flat	Flat	7.17%
May 8	C	Weak or Absent	Flat	Down	Down	8.11%