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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) 1 907 721 2
The following table contains data on market advances and declines.
| Market Advances and Declines | ||
| Day | Advances (in millions) | Declines (in millions) |
| 1 | 907 | 721 |
| 2 | 655 | 987 |
| 3 | 733 | 790 |
| 4 | 520 | 969 |
| 5 | 498 | 1,020 |
| 6 | 980 | 720 |
| 7 | 1,003 | 625 |
| 8 | 904 | 715 |
| 9 | 851 | 735 |
| 10 | 767 | 767 |
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| ||
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. Is this technical signal bearish or bullish?
| Bullish | |
| Bearish |
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