According to Market Technicians, a TRIN Statistic of Less Than

question 6

Multiple Choice

According to market technicians, a TRIN statistic of less than 1 is considered a ________.

• A) bearish signal
• B) bullish signal
• C) volume decline
• D) signal reversal

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Definitions:

Employment Status

Refers to an individual's current work situation, which can be categorized into employed, unemployed, or out of the labor force.

Independence

Independence in statistics means that two events have no influence on each other, indicating that the occurrence of one event does not affect the probability of the other occurring.

Level of Significance

The threshold used in statistical testing to determine whether the observed data is sufficiently inconsistent with the null hypothesis, commonly reported as a p-value.

Blood Type

A classification of blood based on the presence or absence of inherited antigenic substances on the surface of red blood cells.