Trend Table for PMO - Putnam Municipal Opportunities Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 14	F	Weak or Absent	Down	Down	Down	14.15%
Sep 13	F	Weak or Absent	Down	Down	Down	13.67%
Sep 12	F	Weak or Absent	Down	Down	Down	14.38%
Sep 11	F	Weak or Absent	Down	Down	Down	14.74%
Sep 8	F	Weak or Absent	Down	Down	Down	13.56%
Sep 7	F	Weak or Absent	Down	Down	Down	13.09%
Sep 6	F	Weak or Absent	Down	Down	Down	12.74%
Sep 5	F	Weak or Absent	Down	Down	Up	11.27%
Sep 1	F	Weak or Absent	Down	Down	Flat	11.72%
Aug 31	F	Weak or Absent	Down	Down	Up	11.15%