The following table contains data on market advances and declines. ...
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Accounting
| The following table contains data on market advances and declines. |
| Market advances and declines | ||
| Day | Advances (in millions) | Declines (in millions) |
| 1 | 912 | 723 |
| 2 | 657 | 999 |
| 3 | 717 | 795 |
| 4 | 512 | 974 |
| 5 | 503 | 1,041 |
| 6 | 951 | 712 |
| 7 | 1,009 | 626 |
| 8 | 909 | 725 |
| 9 | 856 | 750 |
| 10 | 772 | 772 |
| a. | Calculate cumulative breadth. (Enter your answers in millions. Negative amounts should be indicated by a minus sign.) |
| Day | Cumulative Breadth (in millions) |
| 1 | |
| 2 | |
| 3 | |
| 4 | |
| 5 | |
| 6 | |
| 7 | |
| 8 | |
| 9 | |
| 10 | |
| b. | Whether this technical signal is bullish or bearish. | ||||
|
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