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Consider the following market statistics: Day 1 2 3 4 Advances 1270 1260 1160 1320 Declines 860 940 840 1020 Volume Advancing 1500 1420 1800

Consider the following market statistics:

Day

1

2

3

4

Advances

1270

1260

1160

1320

Declines

860

940

840

1020

Volume Advancing

1500

1420

1800

1440

Volume Declining

650

590

750

560

Yield on top-rated corporate bonds

5.1%

4.8%

4.9%

4.5%

Yield on intermediate-grade corporate bonds

4.4%

4.2%

4.4%

4.1%

Compute the following ratios/indices for each of the four days, and state whether these indicate a bullish or bearish signal:

a) The TRIN ratios.

b) The confidence index.

c) The market breadth.

d) The cumulative breadth.

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