PLEASE DO NOT USE CHAT GPT!! Please answer the following questions based on the market...
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PLEASE DO NOT USE CHAT GPT!!
Please answer the following questions based on the market diary about volume, advancers, and decliners listed below. You may use the formula for Trin ratio: Trin ratio=(Volume Declining/Number declining)/(Volume Advancing/Number Advancing)
| Day | 1 | 2 | 3 | 4 |
| Advances | 1183 | 1245 | 2460 | 2509 |
| Declines | 2034 | 2004 | 1178 | 1080 |
| Volume Advancing(m) | 214349 | 225066 | 666012 | 679332 |
| Volume Declining(m) | 616678 | 555010 | 198058 | 192311 |
| Yield on Top Rated bond | 6.80% | 6.70% | 6.70% | 6.60% |
| Yield on Intermediate-grade bond | 7.40% | 7.40% | 7.50% | 7.60% |
What is the trin ratio for day 1?(sample answer: 1.35)
What is the trin ratio for day 4? (sample answer: 1.35)
Does the change in the trin ratio from day 1 to day 4 show a bullish or bearish trend? (sample answer: bullish or bearish)
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