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Suppose on August 27, There Were 1,455 Stocks That Advanced

Question 2

Multiple Choice

Suppose on August 27, there were 1,455 stocks that advanced on the NASDAQ and 1,553 that declined. The volume in advancing issues was 852,581, and the volume in declining issues was 1,058,312. The trin ratio for that day was ________, and technical analysts were likely to be ________.


A) 0.87; bullish
B) 0.87; bearish
C) 1.16; bullish
D) 1.16; bearish

Correct Answer:

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