Trend Table for PMO - Putnam Municipal Opportunities Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 9	B	Strong	Down	Up	Up	15.09%
Nov 8	C	Strong	Down	Up	Up	14.73%
Nov 7	C	Strong	Down	Up	Up	16.82%
Nov 6	C	Strong	Down	Flat	Up	18.60%
Nov 3	D	Strong	Down	Flat	Up	19.11%
Nov 2	F	Strong	Down	Down	Up	21.50%
Nov 1	F	Strong	Down	Down	Up	23.43%
Oct 31	D	Strong	Down	Down	Up	24.41%
Oct 30	D	Strong	Down	Down	Flat	24.98%
Oct 27	F	Strong	Down	Down	Down	26.28%