Trend Table for RFM - RiverNorth Flexible Municipal Income Fund, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 12	C	Weak or Absent	Down	Down	Flat	20.22%
Oct 11	C	Weak or Absent	Down	Down	Up	19.11%
Oct 10	C	Strong	Down	Down	Flat	20.54%
Oct 9	F	Strong	Down	Down	Down	21.86%
Oct 6	F	Strong	Down	Down	Down	23.32%
Oct 5	F	Strong	Down	Down	Down	21.74%
Oct 4	C	Strong	Down	Down	Down	20.88%
Oct 3	F	Strong	Down	Down	Down	22.26%
Oct 2	C	Strong	Down	Down	Down	18.70%
Sep 29	C	Strong	Down	Down	Down	19.61%