Updated Nov-2021 Exam Engine for CMT-Level-II Exam Free Demo & 365 Day Updates
Exam Passing Guarantee CMT-Level-II Exam with Accurate Quastions!
NEW QUESTION 61
A Harami most closely resembles what "western" charting pattern?
- A. Andrew's Pitchfork
- B. Outside day
- C. Gap
- D. Inside day
Answer: D
NEW QUESTION 62
What is the measuring objective for double top chart pattern?
- A. The height of the pattern from the breakdown point
- B. The price change of the move prior to entering the double top pattern
- C. The distance between the two chart tops
- D. The distance between the price level at the first top and the second top
Answer: A
NEW QUESTION 63
Which of the following are the three basic tenets of Elliott Wave Theory, in the CORRECT order of importance?
- A. Pattern, ratio and time
- B. Waves, alternation and reversals
- C. Price, pattern and volume
- D. Price, momentum and volume
Answer: A
NEW QUESTION 64
According to Kirkpatrick and Dahlquist, during emotional times, flow of funds signals:
- A. Appear to work poorly because price seems to divorce itself from economics.
- B. Appear to work exceptionally well because of the market's flight to safety.
- C. Suggests the duration of the next downleg in the market cycle
- D. Function no differently than at any other time in the market cycle because of shortcomings in the measurement procedures.
Answer: A
NEW QUESTION 65
Which of the following are true of futures volume and open interest?
- A. All of the above
- B. Rising prices and declining volume/open interest indicate a pending change of direction
- C. Open interest increases during a trending period
- D. Volume may decline but open interest builds during an accumulation phase
Answer: A
NEW QUESTION 66
Most of these indicators measure what uninformed investors are doing.
- A. Sentiment indicators
- B. Flow of Funds indicators
- C. Cycle indicators
- D. Breadth indicators
Answer: A
NEW QUESTION 67
___________ is used for comparing the long-term performance of one system against another.
- A. Sharpe Ratio
- B. Calmar ratio
- C. Treynor Ratio
- D. Beta
Answer: B
NEW QUESTION 68
Central tendency is:
- A. The midpoint of a trading range
- B. A common pitfall of novice traders
- C. Statistical jargon for the typical outcome
- D. A popular Elliott Wave guideline
Answer: C
NEW QUESTION 69
Which one of the following most accurately describes the CFA Institute Standard about using material nonpublic information?
- A. An analyst may use material nonpublic information as long as it is for his personal use.
- B. An analyst may use material nonpublic information if it is legal in his country to do so.
- C. An analyst may use nonmaterial nonpublic information as long as it has been developed under the Mosaic Theory.
- D. An analyst cannot use nonmaterial nonpublic information.
Answer: C
NEW QUESTION 70
Which of the following is NOT true of chart patterns?
- A. A price chart is a representation of human behavior
- B. Trading techniques found in trading literature may be a cause of repeated patterns
- C. Speculators' habits have recurring impacts on markets and knowledge of this fact can be used to interpret chart patterns
- D. Quantitative studies have shown a direct relationship between market psychology of behavior and chart formations
Answer: A
NEW QUESTION 71
To calculate moving averages for a point-and-figure chart:
- A. First, find the longest column, and count the number of filled boxes.
- B. First, convert the chart to a conventional line chart.
- C. First, re-draw the chart as a 1X1 chart,
- D. First, make a decision as to how many columns to average.
Answer: D
NEW QUESTION 72
Which of the following are FALSE statements when describing the Chaikin Money Flow Index?
- A. Gaps will not be recorded, as the index only uses the day high, day low, and closing price.
- B. The index will rise above zero in an upward trend
- C. It suffers from the "drop off" effect, as it uses a simple moving average.
- D. It measures deviations of price within two standard deviations of the range.
Answer: D
NEW QUESTION 73
In trend-based trading systems, what is the major determinant of trading activity (i.e., how often buy or sell signals are generated)?
- A. Use of a scaling factor
- B. Selection of trend speed
- C. Distance between bands
- D. Smoothing technique used
Answer: B
NEW QUESTION 74
When analyzing macro trends, which of the following indicators can provide an insight into the intensity of bullish or bearish camps?
- A. Accumulation/Distribution
- B. Slope of the 200 day moving average
- C. New High/New Low index
- D. On-balance volume
Answer: C
NEW QUESTION 75
Which of the following is the reason behind choosing a logarithmic scale? Select the best possible answer.
- A. When long periods of trading activity are plotted
- B. When long or short periods of trading activity are plotted
- C. When intervals of trading activity are plotted over a limited span
- D. When short periods of trading activity are plotted
Answer: A
NEW QUESTION 76
Which of the following is true of volume and open interest?
- A. Decreases in volume and open interest help confirm the resolution of price patterns
- B. Within an uptrend, a sudden leveling off or decline in open interest often signals that the current trend will accelerate
- C. Volume precedes price
- D. On-balance volume is not as accurate measure of volume as basic volume column charts
Answer: C
NEW QUESTION 77
Which of the following is true of the separating lines pattern?
- A. The two candles have the same color
- B. The opening price of the second candle equals the opening price of the first candle
- C. 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
- D. It is a reversal pattern
Answer: B
NEW QUESTION 78
The "Rising 3 Methods" candlestick pattern is:
I. Bullish
II. Bearish
III. Long White Body followed by a series of smaller falling candles
IV. Long Black Body followed by a series of smaller rising candles
- A. I & III
- B. I & IV
- C. II & III
- D. II & IV
Answer: A
NEW QUESTION 79
Which of the following is the MOST important thing to keep in mind in attempting to find a perfect indicator?
- A. Indicators optimized for the past often do not work in the present
- B. Indicators are frequently so complex to create as to be of little use in making trading decision
- C. Indicators do not take into account trading costs
- D. Indicators usually give conflicting trading advice
Answer: A
NEW QUESTION 80
Which of the following is not an example of initial decision taken into consideration in the field of system testing?
- A. You need a Risk Management Plan
- B. Set the time-routine
- C. You need to configure the machine time horizon
- D. Determine what markets to concentrate can be delayed initially
Answer: D
NEW QUESTION 81
What is the specific name given to the normal distribution for having special characteristics?
- A. Histogram
- B. All of the above statements
- C. Central limit theorem
- D. Center limit theorem
Answer: C
NEW QUESTION 82
What are common mistakes made by impatient traders?
- A. Exiting the market too soon
- B. All of the above
- C. Abandoning well reasoned trading strategies due to adversity
- D. Entering the market too soon
Answer: B
NEW QUESTION 83
......
Exam Questions for CMT-Level-II Updated Versions With Test Engine: https://www.getvalidtest.com/CMT-Level-II-exam.html
Test Engine to Practice Test for CMT-Level-II Valid and Updated Dumps: https://drive.google.com/open?id=12I2-GSaL_NNa1yt73T1sw6ptJVhUP5oA