If the trading volume in advancing shares on day 1 in the previous problem was 1.1 billion shares, while the volume in declining issues was 0.9 billion shares, what was the trin statistic for that day? Was trin bullish or bearish?
Previous problem-19
Table 9.4 contains data on market advances and declines. Calculate cumulative breadth and decide whether this technical signal is bullish or bearish.
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