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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) 1 912 723 2

The following table contains data on market advances and declines.

Market advances and declines

Day Advances (in millions) Declines (in millions)
1 912 723
2 657 999
3 717 795
4 512 974
5 503 1,041
6 951 712
7 1,009 626
8 909 725
9 856 750
10 772 772

a.

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

Day Cumulative Breadth (in millions)
1
2
3
4
5
6
7
8
9
10

b. Whether this technical signal is bullish or bearish.
Bullish
Bearish

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