Free CMT Association CMT-Level-II Exam Dumps Questions & Answers

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

• A.Volume may decline but open interest builds during an accumulation phase
• B.Rising prices and declining volume/open interest indicate a pending change of direction
• C.Open interest increases during a trending period
• D.All of the above

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

• A.Period
• B.Phase
• C.Amplitude
• D.None of the above

Which of the following is a continuation pattern?

• A.Hammer
• B.Doji
• C.Windows
• D.Umbrella

Which of the following is true of the harami pattern?

• A.It is the opposite of the engulfing pattern
• B.The color of the real body is of utmost importance to its significance
• C.All of the above
• D.It is considered a continuation pattern

Which of the following describes the McClellan Oscillator?

• A.It is a breadth momentum oscillator
• B.It is the sum of two exponential moving averages
• C.It is used for longer-range trading compared to the McClellan Summation Index which is more useful for short term trading
• D.On days when prices close higher, it is assumed that all volume is represented by sellers