CMT-Level-II CMT Level II

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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

  • Declining open interest in an uptrend is bearish

  • Rising open interest in a downtrend is bullish

  • 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

  • When price meets time, a change is imminent

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

  • 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

  • Switch time frames

  • Use only period extremes

  • None of the above