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CMT-Level-II Exam Dumps : CMT Level II Exam

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CMT Level II Exam Questions and Answers

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Question 1

Which is the CORRECT interpretation of the candlestick umbrella pattern?

Options:

A.

They can be bullish or bearish depending on the market

B.

They are bearish after a rally

C.

They are called hammers after a downtrend

D.

All of the above

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Question 2

Which of the following scale is used to plot data for investment and trading?

Options:

A.

The arithmetic scale is preferred

B.

A linear scale is preferred

C.

A logarithmic scale is preferred

D.

A logarithmic or a linear scale is preferred

Question 3

How would a technician utilize a support line which has been broken?

Options:

A.

A broken support line no longer has a valid technical interpretation

B.

The break in the support line would be a buy signal

C.

The support line now becomes a resistance line

D.

The break in the support line is of no technical importance

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