The following table contains data on market advances and declines. a. Calculate cumulative breadth. Cumulative Breadth ay

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The following table contains data on market advances and declines.

Market advances and declines Advances Declines Day (in millions) (in millions) 916 708 1,003 657 3 719 799 514 978 507 1

a. Calculate cumulative breadth.
Cumulative
Breadth
ay (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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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jan 10, 2018 01:51 AM

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The following table contains data on market advances and declines. a. Calculate cumulative breadth. Cumulative Breadth ay

Question:

Market advances and declines Advances Declines Day (in millions) (in millions) 916 708 1,003 657 3 719 799 514 978 507 1,042 952 714 1,015 611 913 730 860 738 10 776 776 2. 6.

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Cumulative Breadth is given by the formula Today Advances Todays decline Yesterda...View the full answer

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