Question

Use the information in the table below to calculate the trin ratio for October 1 and...

Use the information in the table below to calculate the trin ratio for October 1 and February 1. State whether each ratio represents a bullish or a bearish outlook. (Round your answers to 2 decimal places.)

October 1 February 1

Advances 8,011    8,485

Declines 3,894 10,761

Volume advancing 1,841,078 3,317,046

Volume declining 1,660,742 735,622

a-1. October 1 Trin a-2. Bearish or Bullish

b-1. February 1 Trin b-2. Bullish or Bearish

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