The following table contains data on market advances and, Financial Management

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The following table contains data on market advances and

The following table contains data on market advances and declines. Market Advances and Declines Day Advances (in millions) Declines (in millions) 1 921 711 2 704 1,028 3 711 804 4 505 983 5 512 1,063 6 963 721 7 1,020 612 8 918 737 9 865 753 10 781 781 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. Is this technical signal bearish or bullish? Bearish Bullish

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