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11 The following table contains data on market advances and declines. 00:31:59 Day 12345 Advances 981 Declines 759 Day Advances Declines 6 975 752
11 The following table contains data on market advances and declines. 00:31:59 Day 12345 Advances 981 Declines 759 Day Advances Declines 6 975 752 703 1,011 7 1,052 759 721 578 864 8 913 722 1,118 9 925 788 487 1,095 10 771 766 a. Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.) Day Advances Declines Net Advances Cumulative Breadth 1 981 759 2 703 1,011 3 721 864 4 578 1,118 5 487 1,095 6 975 752 7 1,052 759 8 913 722 9 925 788 10 771 766 b. Decide whether this technical signal is bullish or bearish. Bullish Bearish
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