Trend Table for PMO - Putnam Municipal Opportunities Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	C	Strong	Up	Up	Up	7.88%
Dec 8	C	Strong	Up	Up	Up	7.13%
Dec 7	C	Strong	Up	Up	Flat	8.09%
Dec 6	C	Strong	Up	Up	Down	8.96%
Dec 5	C	Strong	Up	Up	Down	9.18%
Dec 4	C	Strong	Up	Up	Down	8.96%
Nov 30	D	Strong	Flat	Up	Down	10.17%
Nov 29	C	Strong	Up	Up	Down	9.07%
Nov 28	D	Strong	Flat	Up	Down	9.84%
Nov 27	B	Very Strong	Up	Up	Flat	8.09%