CMT Association CMT-Level-II Exam Questions Free Practice Test

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Viewing questions 61-70 out of questions

Questions # 61:

What is the bearish counterpart to the Piercing Line candlestick pattern?

Options:

3 Black Crows

Dark Cloud Cover

Hanging Man

Shooting Star followed by an Inverted Hammer

Expert Solution

Questions # 62:

Prior to a market top, what would one expect to see in a VIX reading?

Options:

Increasing VIX levels, as more investors are adding protective measures

An overbought VIX level, given an increase in long term S&P futures contracts.

Generally low VIX levels, as there is often complacency among traders prior to tops

An oversold VIX level, given a decrease in long term S&P futures contracts.

Expert Solution

Questions # 63:

Which of the following actions would be a violation of the Standard VII(A) Conduct as Participants in CFA Institute Programs?

Options:

Exaggerating the implications of holding the CFA designation.

Misrepresenting information on the Professional Conduct Statement.

Participating in a civil disobedience movement to oppose a government action.

Using the CFA designation without submitting a Professional Conduct Statement and paying annual dues.

Expert Solution

Questions # 64:

Which of the following is the CORRECT order of the Industrial Life Cycle?

Options:

Innovation, Maturity, Consolidation and Decay

Innovation, Consolidation, Decay and Maturity

Innovation, Consolidation, Maturity and Decay

Innovation, Maturity, Decay and Consolidation

Expert Solution

Questions # 65:

Which of the following are true of futures volume and open interest?

Options:

Open interest increases during a trending period

Volume may decline but open interest builds during an accumulation phase

Rising prices and declining volume/open interest indicate a pending change of direction

All of the above

Expert Solution

Questions # 66:

___________ is used for comparing the long-term performance of one system against another.

Options:

Beta

Sharpe Ratio

Calmar ratio

Treynor Ratio

Expert Solution

Questions # 67:

Which of the following is true of the harami pattern?

Options:

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

Expert Solution

Questions # 68:

The MTA Code of Ethics applies to:

Options:

Members only

Affiliates only

CMT candidates

All of the above

Expert Solution

Questions # 69:

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

Options:

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

Expert Solution

Questions # 70:

Which of the following is true of Wilder's Parabolic System?

Options:

It is a time/price reversal system

It always in the market

It only works for trending markets

All of the above

Expert Solution

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