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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) 1 921 711 2
The following table contains data on market advances and declines.
Market Advances and Declines | ||
Day | Advances (in millions) | Declines (in millions) |
1 | 921 | 711 |
2 | 704 | 1,028 |
3 | 711 | 804 |
4 | 505 | 983 |
5 | 512 | 1,063 |
6 | 963 | 721 |
7 | 1,020 | 612 |
8 | 918 | 737 |
9 | 865 | 753 |
10 | 781 | 781 |
If the trading volume in advancing shares on day 1 was 2.6 billion shares, while the volume in declining issues was 2.3 billion shares, what was the trin statistic for that day?
Was trin bullish or bearish?
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