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The following table contains data on market advances and declines. Market advances and declines Day Advances (in millions) Declines (in millions) 1 910 715 2

The following table contains data on market advances and declines.

Market advances and declines

Day Advances (in millions) Declines (in millions)
1 910 715
2 661 990
3 723 793
4 505 972
5 501 1,096
6 971 704
7 1,006 615
8 907 724
9 854 736
10 770 770

a.

Calculate cumulative breadth. (Enter your answers in millions. Negative amounts should be indicated by a minus sign.)

Day Cumulative Breadth (in millions)
1
2
3
4
5
6
7
8
9
10

b. Whether this technical signal is bullish or bearish.
Bearish
Bullish

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