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

QUESTION: 96

Prior to a market top, what would one expect to see in a VIX reading?

Increasing VIX levels, as more investors are adding protective measures
An overbought VIX level, given an increase in long term S&P futures contracts.
Generally low VIX levels, as there is often complacency among traders prior to tops
An oversold VIX level, given a decrease in long term S&P futures contracts.

Answer(s): C

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QUESTION: 97

Which of the following is true of Bollinger Bands?

The bands are based on the moving averages of prices
The bands are based on moving averages of prices plus or minus a standard deviation factor
When price equals the upper band it is considered bullish
When prices are above the upper band they are considered to be in oversold territory

Answer(s): B

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QUESTION: 98

Which of the following is the calculation for price objective using the vertical count method? (Note: X is the multiplication symbol in this question)

Price level of the lowest box (for up counts) + (number of boxes in the reversal columns X reversal size)
Price level of the lowest box (for up counts) X number of boxes in the reversal columns X reversal size
Price level of the lowest box (for up counts) of the base X number of columns of the base X reversal size
Price level of the lowest box (for up counts) of the base + (number of columns of the base X reversal size)

Answer(s): A

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QUESTION: 99

Which of the following point and figure trading techniques limits risk compared to more basic trading rules?

Buy or sell as soon as a new column is created on the chart
Close out your trade on the second reversal back in the direction of the original signal
Take small consistent profits, but allow large, windfall profitable positions to run
Buy or sell on pullbacks after initial trade signal

Answer(s): D

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