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The following table contains data on market advances and declines. Day Advances Declines Day Advances Declines 1 1,071 1,044 6 990 902 2 853 1,000
The following table contains data on market advances and declines.
Day | Advances | Declines | Day | Advances | Declines | ||||||||||||||
1 | 1,071 | 1,044 | 6 | 990 | 902 | ||||||||||||||
2 | 853 | 1,000 | 7 | 1,202 | 1,209 | ||||||||||||||
3 | 721 | 1,089 | 8 | 943 | 722 | ||||||||||||||
4 | 803 | 1,568 | 9 | 1,150 | 938 | ||||||||||||||
5 | 457 | 1,095 | 10 | 786 | 766 | ||||||||||||||
a. Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.)
b. Decide whether this technical signal is bullish or bearish.
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Bullish
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Bearish
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