Online Access Free CMT-Level-II Practice Test

A breakout:

• A.Is a minor pattern which is rarely seen and has no real significance on either the near or long term
• B.Occurs when price passes through specific levels
• C.Has no significance to a trader of investor
• D.Needs to be confirmed by other indicators

Which of the following points represents a valid island reversal in the chart below?

• A.B
• B.None of the above
• C.A
• D.C

How can one identify the existence of a cycle?

• A.Remove price trend
• B.None of the above
• C.Switch time frames
• D.Use only period extremes

Abandoned baby patterns:

• A.can only be formed over long periods of time
• B.appear upon completion of star patterns
• C.appear nowhere in star patterns, only in box ranges
• D.ideally has a doji as second real bottom

A trend based trading system where the trend is the slope of a straight line found using a least squares regression:

• A.Linear regression slope
• B.Simple moving average
• C.Point and figure
• D.N-day breakout