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a) On the 10 th of September 2021, there were 1,296 stocks advanced on NYSE and 720 declined on NYSE. The volume in advancing issues

a) On the 10^th of September 2021, there were 1,296 stocks advanced on NYSE and 720 declined on NYSE. The volume in advancing issues was 76,030,400 and volume in declining issues was 46,360,000. What was the TRIN ratio for that day?

Was it a bullish or bearish signal based on your answer?

Did it correctly indicate the market sentiment? Please explain your answer.

(5 Marks)

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