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The following table contains data on market advances and declines. Day 1 2 3 4 5 Advances 921 663 721 518 495 Declines 709 991

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The following table contains data on market advances and declines. Day 1 2 3 4 5 Advances 921 663 721 518 495 Declines 709 991 Day 6 7 8 9 10 Advances 971 1,012 804 905 Declines 712 639 722 748 766 998 1,095 865 767 Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.) Day Advances Declines Net Advances Cumulative Breadth 1 921 709 2 991 3 663 721 518 804 4 998 5 6 7 495 971 1,012 905 1,095 712 639 722 748 766 8 9 865 767 10 . Decide whether this technical signal is bullish or bearish. Bullish Bearish

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