Free CMT-LEVEL-II Exam Braindumps (page: 17)

Page 16 of 66

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






Post your Comments and Discuss CMT Association CMT-LEVEL-II exam with other Community members:

CMT-LEVEL-II Discussions & Posts