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Engineering, 30.03.2020 17:04 mckenziew6969

Which of the 3 days would be considered the most bullish? Explain why. (Select the best choice below.)

A. More stocks rose than fell on all three days. Hence the numerator is always greater than 1.0.
B. Higher TRIN values are interpreted as being bad for the market, because even though more stocks rose than fell, the trading volume in the falling stocks was greater.
C. On day 2, the volume of declining issues exceeded the volume of increasing issues, resulting in a denominator that was less than 1.0.
D. All of the above statements are correct.

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