Free CMT-Level-II – CMT Level II Practice Test Question

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  Lagging groups fail to confirm new lows

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  Leading groups fail to confirm new lows

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  Relative strength of lagging groups begins to improve

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  Leading groups make new lows and accelerate to the downside
  
  
  

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  will definitely include more basic facts.

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  may generally exclude more basic facts.

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  cannot be selectively distributed.

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  will not be allowed because it violates the Standard III(B), Fair Dealing.
  
  
  

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  The January Barometer

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  The January Effect

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  Kondratieff K-Wave

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  Hindenburg Omen
  
  
  

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  Rising open interest in an uptrend is bearish

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  Declining open interest in an uptrend is bearish

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  Rising open interest in a downtrend is bullish

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  Declining open interest in a downtrend is bearish
  
  
  

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  His work is valid for equities but does not apply to commodities

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  When price meets time, a change is imminent

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  Gann used 10%, 20%, 30% and 40% as his key resistance and retracement levels

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  Gann's work is an advanced interpretation of point and figure charts
  
  
  

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  Remove price trend

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  Switch time frames

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  Use only period extremes

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  None of the above
  
  
  

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  Lunar, presidential, seasonal, alpha/beta and Kondratieff

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  Kondratieff, presidential, alpha/beta, seasonal and lunar

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  Alpha/beta, presidential, seasonal, lunar, and Kondratieff

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  Alpha/beta, lunar, seasonal, presidential and Kondratieff
  
  
  

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  The pivot-point

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  The simple

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  The weighted

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  The exponential
  
  
  

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  3 Black Crows

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  Dark Cloud Cover

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  Hanging Man

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  Shooting Star followed by an Inverted Hammer
  
  
  

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  Lack of complete information

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  Failing to consider trading costs

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  Conflict between technical and fundamental models

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  Emotional considerations cloud judgment
  
  
  

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  New Net Highs & New Net Lows

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  Net Ticks

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  Arms Index

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  Consumer Confidence Index
  
  
  

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  The best combination is when there is an upward breakout on less than normal breakout volume with no pullback

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  The best mix is when there is a downward breakout on less than normal breakout rate and with few pullbacks

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  The best combination is when a downward breakout happens on an under-average amount of breakout with no pullback

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  The best combination is when there is a downward breakout at an above-average breakout rate with few pullbacks
  
  
  

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  take legal counsel

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  contact industry regulators

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  provide her supervisor with a copy of the Code and Standards.

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  review the company's policies and procedures for reporting ethical violations.
  
  
  

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  Moving averages provide the most valid trade signals in sideways markets

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  Moving averages provide the most valid trade signals in trending markets

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  Moving averages always provide more valid trade signals than oscillators

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  Oscillators always provide more valid trade signals than moving averages
  
  
  

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  All new techniques must be fully documented even if proprietary methods must be disclosed to do so

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  New procedures must be documented as to procedure and rationale

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  New procedures must be supported by adequate back testing confirmed by at least technician

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  New methods need not be consistent with the accumulated knowledge of the field of technical analysis