Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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
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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started