1 assume the following daily closings for the dow jones, Ask an Expert

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1. Assume the following daily closings for the Dow Jones Industrial Average:

Day	DJIA	Day	DJIA
1	13,010	7	13,220
2	13,100	8	13,130
3	13,165	9	13,250
4	13,080	10	13,315
5	13,070	11	13,240
6	13,150	12	13,310

a. Calculate a four-day moving average for Days 4 through 12.

b. Assume that the index on Day 13 closes at 13,300. Would this signal a buy or sell decision?

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