[Sep 19, 2023] New Real CMT-Level-II Exam Dumps Questions [Q136-Q160] : Exam for engine : http://blog.test4engine.com

NEW QUESTION 136
Which of the following is true of the harami pattern?

It is the opposite of the engulfing pattern

It is considered a continuation pattern

The color of the real body is of utmost importance to its significance

All of the above

NEW QUESTION 137
This chart type integrates volume directly into the price bar:

Equivolume

VWOP

Renko

Ichimoku Cloud

NEW QUESTION 138
In some point-and-figure charts, what is the actual representation of the new price recorded on the chart?

The first letter or the number of the month is plotted

The number of the month is plotted

The first letter of the month is plotted

The name or the number of the month is plotted

NEW QUESTION 139
Which of the following is one of the disadvantages of computerized trading systems?

Trading decisions are less consistent

Most computerized systems are unprofitable in non-trending markets

Profit trades are exited too early

Computerized systems miss many market trends

NEW QUESTION 140
The _______________ tracks the degree of mass participation in rallies and decline.

MACD line

RSI

Relative strength

Advance/Decline line

NEW QUESTION 141
What two characteristics MUST a cycle possess in order for it to be traded rationally:

There must be a reason for its existence and it must have regular intervals between peaks

There must be confidence that the cycle will continue and it must be synchronized with another cycle

There must be a reason for its existence and confidence that it will continue

There must be a way to forecast it and it must be synchronized with another cycle

NEW QUESTION 142
Which of the following method is used to plot sequential trading data? Choose the best possible answer.

Point-and-figure charts

Line charts

Japanese candlestick charts

Bar charts

NEW QUESTION 143
Which of the following is true of W.D. Gann’s trading techniques?

His work is valid for equities but does not apply to commodities

When price meets time, a change is imminent

Gann used 10%, 20%, 30% and 40% as his key resistance and retracement levels

Gann’s work is an advanced interpretation of point and figure charts

NEW QUESTION 144
Which of the following is MOST often a reversal pattern:

Head and shoulders

Wedge

Triangle

Pennant

NEW QUESTION 145
Which of the following factors would increase the predictive power of an engulfing pattern?

The first day has a very long real body and the second day has a very short real body

The pattern appears after a consolidation pattern

There is heavy volume on the first day of the engulfing pattern

None of the above

NEW QUESTION 146
All of the following most directly measure internal market strength, EXCEPT:

New Net Highs & New Net Lows

Net Ticks

Arms Index

Consumer Confidence Index

NEW QUESTION 147
Which would be the MOST useful aspect of a cycle in studying the relationship between cycles of different lengths?

Phase

Period

Amplitude

None of the above

NEW QUESTION 148
What trading decision must a trader make based purely on trend line in the chart below?

Hold long positions

Close out long positions

Close out short positions

Trading decisions cannot be made by using trend lines.

NEW QUESTION 149
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?

Seasonal

Long-term

Short-term

Intermediate-term

NEW QUESTION 150
When small cap stocks have abnormal strength, this can be attributed to the:

The January Barometer

The January Effect

Kondratieff K-Wave

Hindenburg Omen

NEW QUESTION 151
Which of the following is NOT true of the three mountains and three rivers chart patterns?

They are longer-term tops and bottom patterns, respectively

The three mountains pattern is also known as a triple top or Buddha top

The three rivers patterns is also known as a triple bottom or inverted Buddha bottom

The color of the real bodies is of utmost importance to its significance

NEW QUESTION 152
Which of the following points represents a valid island reversal in the chart below?

None of the above

NEW QUESTION 153
What is the MTA’s position with respect to knowledge of client and employer information:

Only knowledge of current clients and employers must be kept in confidence

The MTA Code of Ethics does not apply to confidentiality of unlawful client or employer activity

The MTA Code of Ethics is silent on client and employer confidentiality so members must refer to laws/rules promulgated by regulatory authorities

All information pertaining to any lawful activity of past or present clients or employers must be kept in confidence

NEW QUESTION 154
If 300 shares traded at a certain price which of the following conclusions cant be drawn from this given situation?

Traders could determine the price at which supply and demand were equalized

Traders would record four bars at that price

Traders could determine the support

Traders could determine the resistance zones

NEW QUESTION 155
Which of the following is true of volume and open interest?

Volume is not used in futures, only open interest

Contract volume and total open interest are used in bonds

Declining volume and open interest suggest the trend will continue

Increasing volume and open interest suggest the trend will continue

NEW QUESTION 156
Which of the following would be a valid trading interpretation of top chart patterns?

Find a market with a long consolidating base and high volatility

Liquidate positions at prior major resistance points, top formations or the break of a major support line

Sell whenever a major support level is tested but not breached

Sell when there is a major price retrenchment in a bull market

NEW QUESTION 157
According to Kirkpatrick and Dahlquist, during emotional times, flow of funds signals:

Appear to work poorly because price seems to divorce itself from economics.

Appear to work exceptionally well because of the market’s flight to safety.

Function no differently than at any other time in the market cycle because of shortcomings in the measurement procedures.

Suggests the duration of the next downleg in the market cycle

NEW QUESTION 158
Which of the following is an INCORRECT definition of cycle terminology?

Amplitude – the height of the wave (cycle)

Period – the time needed to finish one wave (cycle)

Frequency – the number of cycles that repeat every 360°

Phase – a measure of separation between the top and bottom of a wave (cycle)

NEW QUESTION 159
To calculate moving averages for a point-and-figure chart:

First, make a decision as to how many columns to average.

First, re-draw the chart as a 1X1 chart,

First, find the longest column, and count the number of filled boxes.

First, convert the chart to a conventional line chart.

NEW QUESTION 160
Which of the following is a true statement according to Elliott Wave Theory?

Triangles are usually second waves preceding a longer third wave

Waves can be expanded into longer waves and subdivided into shorter waves

In the stock market, wave 5 is the most common to extend

The Pythagorean theorem is the mathematical basis for Elliott Wave Theory