Which of the following is true of the three black crows' pattern?

• A.When succes
• B.The three candles do not have to be on consecutive trading periods
• C.It is continuation pattern
• D.The color of the real bodies is of utmost importance to its significance

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Which of the following BEST describes equity market performance during the presidential election cycle:

• A.Market has its strongest year during first year of president's term, posts its worst returns during the pre-election year and slightly negative returns in election years
• B.Market has a below average year during first year of president's term, posts its strongest returns in the second year and reasonably strong returns during the pre-election and election years
• C.Market has a below average year during first year of president's term, posts its strongest returns during the pre-election year or in the election year
• D.Market has an above average year during first year of president's term, posts negative returns during the pre-election year and its strongest returns in election years

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

• A.The pattern appears after a consolidation pattern
• B.There is heavy volume on the first day of the engulfing pattern
• C.None of the above
• D.The first day has a very long real body and the second day has a very short real body

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What is the proper use of long-term charts versus daily price charts?

• A.Long-term charts allow for a better assessment of the price trend
• B.Long-term charts are more useful for making trading decisions
• C.Daily price charts allow for a better assessment of the price trend
• D.Daily price charts allow for a thorough trend analysis

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Which of the following statement states the correct percentage of the percentage gain on a loss of 50 percent?

• A.It requires an 80% gain to break even
• B.It requires a 100% gain to break even
• C.It requires a 90% gain to break even
• D.It requires a 70% gain to break even

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