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[i]. (10 points) Day 1 2 3 4 Advances 870 760 960 840 Declines 880 990 790 910 Volume Advancing(m) 580 620 480 510 Volume
[i]. (10 points)
Day | 1 | 2 | 3 | 4 |
Advances | 870 | 760 | 960 | 840 |
Declines | 880 | 990 | 790 | 910 |
Volume Advancing(m) | 580 | 620 | 480 | 510 |
Volume Declining(m) | 670 | 580 | 720 | 520 |
Yield on Top Rated bond | 6.8% | 6.7% | 6.7% | 6.6% |
Yield on Intermediate-grade bond | 7.4% | 7.4% | 7.5% | 7.6% |
a)
What is the Cumulative breadth for the 4 days?
b) Does the cumulative breadth indicate a bullish or bearish market?
[i]
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