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Legit CMT-Level-II Exam Download

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Question 24

Which of the following are the three basic tenets of Elliott Wave Theory, in the CORRECT order of importance?

Options:

A.

Price, momentum and volume

B.

Price, pattern and volume

C.

Waves, alternation and reversals

D.

Pattern, ratio and time

Question 25

Which of the following is NOT true in chart interpretation:

Options:

A.

A price chart is a representation of human behavior

B.

The goal is to find consistent, reliable and logical patterns

C.

Chart patterns can be caused by commonly used trading techniques

D.

The behavioral aspects of prices are irrational

Question 26

Which of the following is a CORRECT interpretation of volume?

Options:

A.

In an uptrend, volume should increase on down days

B.

In a downtrend, volume should increase on up days

C.

Price precedes volume

D.

Volume precedes price

Question 27

What is the main impediment to making objective trading decisions?

Options:

A.

Lack of complete information

B.

Failing to consider trading costs

C.

Conflict between technical and fundamental models

D.

Emotional considerations cloud judgment

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Exam Code: CMT-Level-II
Exam Name: CMT Level II Exam
Last Update: Nov 23, 2024
Questions: 262
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