What are the TRIN Statistics and Cofidence Index and what do their values describe about the bullish and bearish direction of the market?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter3: Risk And Return: Part Ii
Section: Chapter Questions
Problem 9MC: What is a characteristic line? How is this line used to estimate a stocks beta coefficient? Write...
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What are the TRIN Statistics and Cofidence Index and what do their values describe about the bullish and bearish direction of the market?

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