Asked by Radiate Waldemariam on Apr 24, 2024
Verified
You find that the confidence index is down, the market breadth is up, and the trin ratio is down. In total, how many bullish signs do you have?
A) 0
B) 1
C) 2
D) 3
Confidence Index
A measure or indicator that reflects the degree of optimism or pessimism in the economy or financial markets, often derived from survey data.
Market Breadth
An indicator used to gauge the direction of the overall market by analyzing the number of companies advancing relative to those declining.
TRIN Ratio
The Trading Index Ratio, an indicator used in financial markets to gauge overall market sentiment or strength.
- Elucidate the concept of market indicators, including the confidence index, TRIN, and breadth.
Verified Answer
Learning Objectives
- Elucidate the concept of market indicators, including the confidence index, TRIN, and breadth.
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