Which of the following is false regarding market indicators?
A) The strength or weakness of the market can be judged by changes in volume data
B) The advance-decline line concentrates on the degree of price changes
C) The primary objective of the Dow theory is to forecast major changes in the trend of the stock market
D) the odd-lot index is the ratio of odd-lot sales to odd-lot purchases
E) technicians feel that the greater the liquidity position of mutual funds, the more bullish is the market outlook
Correct Answer:
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