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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) 1 906 704 2
The following table contains data on market advances and declines.
Market Advances and Declines | ||
Day | Advances (in millions) | Declines (in millions) |
1 | 906 | 704 |
2 | 653 | 986 |
3 | 721 | 789 |
4 | 503 | 968 |
5 | 497 | 1095 |
6 | 970 | 702 |
7 | 1002 | 609 |
8 | 903 | 722 |
9 | 850 | 748 |
10 | 766 | 766 |
|
a. Calculate cumulative breadth. (Enter your answers in millions. Negative values should be indicated by a minus sign.)
Day | Cumulative Breadth (in millions) |
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 | |
10 | |
|
b. Is this technical signal bearish or bullish?
Bearish | |
Bullish |
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