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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) 1 906 704 2
The following table contains data on market advances and declines. |
Market advances and declines | ||
Day | Advances (in millions) | Declines (in millions) |
1 | 906 | 704 |
2 | 653 | 986 |
3 | 721 | 789 |
4 | 503 | 968 |
5 | 497 | 1095 |
6 | 970 | 702 |
7 | 1002 | 609 |
8 | 903 | 722 |
9 | 850 | 748 |
10 | 766 | 766 |
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a. | Calculate cumulative breadth. (Enter your answers in millions. Negative values should be indicated by a minus sign.) |
Day | Cumulative Breadth (in millions) |
1 |
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2 |
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3 |
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4 |
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5 |
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6 |
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7 |
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8 |
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9 |
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10 |
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b. | Whether this technical signal is bullish or bearish. | ||||
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