Free CMT-LEVEL-II Exam Braindumps
CMT Level II Exam Questions 61–65 (page: 14)

Updated On: 9-Feb-2026

Which of the following is true of the separating lines pattern?

  1. The top of the upper shadow of one candle is at the same price as the bottom of the lower shadow of the other candle
  2. The opening price of the second candle equals the opening price of the first candle
  3. The two candles have the same color
  4. It is a reversal pattern

Answer(s): B



Which of the following are the three basic tenets of Elliott Wave Theory, in the CORRECT order of importance?

  1. Price, momentum and volume
  2. Price, pattern and volume
  3. Waves, alternation and reversals
  4. Pattern, ratio and time

Answer(s): D



Which of the following are true of futures volume and open interest?

  1. Open interest increases during a trending period
  2. Volume may decline but open interest builds during an accumulation phase
  3. Rising prices and declining volume/open interest indicate a pending change of direction
  4. All of the above

Answer(s): D



ALL of the following are standard patterns used with 3-Box reversal point and figure charts, EXCEPT:

  1. Bullish or Bearish Triangle
  2. Triple Top or Triple Bottom
  3. Double Top or Double Bottom
  4. Bullish or Bearish Fulcrum

Answer(s): D



Which of the following is not a rule used in the statistical analysis done using a normal distribution?

  1. Two-thirds of the outcomes will lie above within one standard deviation of the mean
  2. 95% of the outcomes will lie within two standard deviations from the mean
  3. Two-thirds of the outcomes will lie below within two standard deviations of the mean.
  4. Two-thirds of the outcomes will lie either above or below within one standard deviation of the mean

Answer(s): C



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