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

QUESTION: 116

Which of the following is most likely to occur when the overall market is deeply oversold and on the verge of reversing?

Lagging groups fail to confirm new lows
Leading groups fail to confirm new lows
Relative strength of lagging groups begins to improve
Leading groups make new lows and accelerate to the downside

Answer(s): B

Show Answer Next Question

QUESTION: 117

Central tendency is:

Statistical jargon for the typical outcome
The midpoint of a trading range
A popular Elliott Wave guideline
A common pitfall of novice traders

Answer(s): A

Show Answer Next Question

QUESTION: 118

An analyst has several groups of clients who are categorized according to their specific needs. Compared to research reports distributed to all of the clients, reports for a specific group:

will definitely include more basic facts.
may generally exclude more basic facts.
cannot be selectively distributed.
will not be allowed because it violates the Standard III(B), Fair Dealing.

Answer(s): B

Show Answer Next Question

QUESTION: 119

Based on the chart given below; identify the best course of action:

Shares are losing momentum which can be confirmed by negative divergence between price and ROC; trader should be cautious and be quick to reduce position on a violation of trendline.
Shares are making a series of higher highs and higher lows; ROC has turned negative which is confirming the price action; should use current pullback to add to position.
ROC has turned negative which is a sell signal; should initiate a short position.
Negative divergence observed between price and ROC should be ignored as prices are near life time highs.

Answer(s): A

Show Answer Next Question