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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. | ||||
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