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The following table contains data on market advances and declines. Day Day 6 7 Advances 1,026 783 721 698 471 UWN Declines 919 991 984
The following table contains data on market advances and declines. Day Day 6 7 Advances 1,026 783 721 698 471 UWN Declines 919 991 984 1,358 1,095 Advances 982 983 1,132 929 1,045 779 Declines 832 999 722 868 766 8 5 a. Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.) Day Advances Declines Net Advances Cumulative Breadth 1 2 1,026 783 721 698 471 983 1,132 929 1,045 779 9191 991 984 1,358 1,095 832 999 722 868 766 b. Decide whether this technical signal is bullish or bearish. Bullish Bearish
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