Pass the actual test with the help of CMT-Level-II study guide
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1. Near the end of a recession:
A) stocks turn up before bonds and commodities.
B) bonds turn up before stocks and commodities.
C) commodities turn up before bonds and stocks.
D) all the asset classes turn up simultaneously.
2. When a market exceeds the high of the previous 4 weeks, cycle logic indicates that which of the following cycles has bottomed and turned up?
A) Seasonal
B) Long-term
C) Intermediate-term
D) Short-term
3. Which would be the MOST useful aspect of a cycle in studying the relationship between cycles of different lengths?
A) None of the above
B) Period
C) Amplitude
D) Phase
4. Reversals in point and figure charts:
A) Depend on the investment time horizon of the holder
B) Can change within the same chart
C) Should be less than a week
D) Are set by convention as all point and figure charts have the same reversals
5. Which of the following is NOT true of the three mountains and three rivers chart patterns?
A) They are longer-term tops and bottom patterns, respectively
B) The three mountains pattern is also known as a triple top or Buddha top
C) The color of the real bodies is of utmost importance to its significance
D) The three rivers patterns is also known as a triple bottom or inverted Buddha bottom
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |
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