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Problem 12-20 The following table contains data on market advances and declines. Day Declines Day Declines 999 872 Advances 1,026 823 721 758 1,011 1,044
Problem 12-20 The following table contains data on market advances and declines. Day Declines Day Declines 999 872 Advances 1,026 823 721 758 1,011 1,044 1,478 1,095 Advances 987 1,172 937 1,105 783 1,119 722 908 766 463 10 a. Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.) Cumulative Breadth 758 Day Advances Declines Net Advances | 1,026 999 823 1,011 721 1,044 1,478 463 1,095 987 872 1,172 1,119 937 1,105 908 783 766 722 b. Decide whether this technical signal is bullish or bearish. O Bullish O Bearish
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