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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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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