Calculate breadth for the NYSE using the data in Figure 12.5.

advances

declines

net advances

b. Is the signal bullish or bearish?

• Bullish

• Bearish

Trading Diary: Volume, Advancers, Decliners Market Diary Issues NYSE NASDAQ Advancing 2,070 1,905 Declining 1,003 896+ Unchanged 180 Total 3,182 2,981 109 Issues at New 52 week high New 52 week low 78 109 88 Share Volume Advancing Declining Unchanged Total 510,372 283,331 10,925 804,628 1,075,611 388,278 24,067 1,487,956 Figure 12.5 Market Diary S ee The Wall Street lournal Online, May 28, 2015 Trading Diary: Volume, Advancers, Decliners Market Diary Issues NYSE NASDAQ Advancing 2,070 1,905 Declining 1,003 896+ Unchanged 180 Total 3,182 2,981 109 Issues at New 52 week high New 52 week low 78 109 88 Share Volume Advancing Declining Unchanged Total 510,372 283,331 10,925 804,628 1,075,611 388,278 24,067 1,487,956 Figure 12.5 Market Diary S ee The Wall Street lournal Online, May 28, 2015