a. Calculate breadth for the NYSE using the data in Figure 12.5. Breadth Advances Declines Net advances b. Is the signal bullish or bearish? Bullish Bearish Trading Diary: Volume, Advancers, Decliners Market Diary Issues NYSE NASDAQ Advancing 2,070 1,905 Declining 1,003 896 Unchanged 109 180 Total 3,182 2,981 Issues at New 52 week high New 52 week low 109 88 Share Volume Advancing Declining Unchanged Total 510,372 283,331 10,925 804,628 1,075,611 388,278 24,067 1,487,956 Figure 12.5 Market Diary Source: The Wall Street Journal Online, May 28, 2016