CMT Association CMT Level 1 Sample Questions:
1. Moving average crossovers can be used to indicate:
A) Positive relative strength
B) Buy and sell signals
C) Negative volume
D) Trend divergence
2. A selling climax:29
A) Typically occurs at a market top30
B) Is accompanied by average to low volume32
C) Indicates new shorts getting trapped at the bottom33
D) Typically occurs at a market bottom31
3. Which of the following DOES NOT have a trader involved in selling?
A) Options Market
B) Primary Market
C) Futures Market
D) Secondary market
4. Identify the point & figure pattern highlighted below (Chart showing 3 O columns bottoming at same level):
A) Descending triple bottom
B) Triple bottom
C) Descending triangle
D) Symmetric triangle
5. A breakout:
A) Is usually a false signal
B) Needs no confirmation
C) Always occurs on high volume
D) Occurs most often when price passes through a prior support or resistance level
Solutions:
Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |
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