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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) 1 922 728 2 705

The following table contains data on market advances and declines.

Market Advances and Declines

Day Advances(in millions) Declines (in millions)

1 922 728

2 705 1,033

3 729 805

4 511 984

5 513 1,099

6 974 710

7 1,021 628

8 919 739

9 866 740

10 782 782

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

Day Cumulative Breadth (In the 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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