a. Calculate breadth for NASDAQ using the data in Figure 9.7.

b. Is the signal bullish or bearish?

• Bullish

• Bearish

FIGURE 9.7 Market diary Source: The Wall Street Journal Online, May 25, 2017 4:06 PM EDT 5/25/2017 Markets Diary Issues NYSE NASDAQ NYSE MKT Advancing 1,569 1,531 130 Declining 1,423 1.324 165 Unchanged 124 162 34 Total 3,116 3,017 329 Issues at New 52 Week High 238 222 New 52 Week Low 42 64 Share Volume Total 3,537,923,017 1,777.718,240 92.408,271 Advancing 1,513,206,869 1.135,738,916 37,411,984 Declining 1,999,419,305 610,544,842 47,595,937 Unchanged 25,296,843 31,434,482 7,400,350 See 4 p.m. Closing Diaries. Volume updates until 8 p.m. Get Markets Diary by Email LON