Free CMT-LEVEL-II Exam braindumps download (CMT-LEVEL-II exam dumps Free)

Which of the following factors would NOT increase the predictive power of a dark cloud cover pattern?

The dark cloud cover occurs in the middle of a trading range
During a downtrend, a white real body with shaven head and bottom followed by a black body also with a shaven head and bottom
If the second day of trading opens above a resistance level and then fails
Heavy volume on the second day indicates a buying blow o

Answer(s): A

Most of these indicators measure what uninformed investors are doing.

Answer(s): A

Which of the following methods is not used to portray the volume of trade?

Answer(s): C

Which of the following is true of contrary opinion as a technical analysis technique?

Contrary opinion can be used as the sole decision source in entering into new trading positions
Contrarians trade against the consensus even when it is within a normal range
Contrary opinion is more useful in deciding when to exit positions than as a timing tool
Once all long positions have been set, there is diminishing influence by the bulls

Answer(s): D