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Homework answers / question archive / The following table contains data on market advances and declines

The following table contains data on market advances and declines

Finance

The following table contains data on market advances and declines.

 

DayAdvances Declines Day Advances Declines1 1,056   959   6   985   852 2 803   1,001   7   1,152   1,059 3 721   1,014   8   933   722 4 728   1,418   9   1,075   888 5 467   1,095   10   781   766 

 

a. Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.)

 

 

 

 

 

b.Decide whether this technical signal is bullish or bearish.

 

Bullish

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