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

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Showing 4–6 of 15 questions

Question 4

Which of the following is a CORRECT interpretation of open interest?

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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


Question 5

Which of the following is true of W.D. Gann's trading techniques?

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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


Question 6

How can one identify the existence of a cycle?

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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