The following table contains data on market advances and declines. Day Advances Declines Day Advances 1...
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The following table contains data on market advances and declines. Day Advances Declines Day Advances 1 996 879 6 981 Declines 812 2345 763 1,011 7 1,112 939 721 954 8 925 722 668 1,298 9 1,015 848 475 1,095 10 777 766 a. Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.) Day Advances Declines 1 996 879 es 2 763 1,011 3 721 954 4 668 1,298 5 475 1,095 6 981 812 7 1,112 939 8 925 722 6 1,015 848 10 777 766 Net Advances Cumulative Breadth b. Decide whether this technical signal is bullish or bearish. O Bullish O Bearish The following table contains data on market advances and declines. Day Advances Declines Day Advances 1 996 879 6 981 Declines 812 2345 763 1,011 7 1,112 939 721 954 8 925 722 668 1,298 9 1,015 848 475 1,095 10 777 766 a. Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.) Day Advances Declines 1 996 879 es 2 763 1,011 3 721 954 4 668 1,298 5 475 1,095 6 981 812 7 1,112 939 8 925 722 6 1,015 848 10 777 766 Net Advances Cumulative Breadth b. Decide whether this technical signal is bullish or bearish. O Bullish O Bearish
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