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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.

  • Bullish

  • Bearish

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