CMT-Level-II CMT Association CMT Level II Exam Free Practice Exam Questions (2025 Updated)

This is to multiply the volume occurring when each box was in operation

This is to sum up the volume occurring when each box was in operation

This is to divide up the volume occurring by each box was in operation

It is, to sum up, the volume that occurs when every box is not in use

Statistical jargon for the typical outcome

The midpoint of a trading range

A popular Elliott Wave guideline

A common pitfall of novice traders

In the exponential moving average more weight is given to volume on higher volume days

The simple moving average is the geometric mean of previous prices

The linear weighted average addresses the problem of including only the price action covered by the length of the average itself

A shorter term moving average more closely tracks price action

Independent thinking

Failure to stay the course

Pride of opinion

Failure to abide by classic trading rules

will definitely include more basic facts.

may generally exclude more basic facts.

cannot be selectively distributed.

will not be allowed because it violates the Standard III(B), Fair Dealing.

The link between the dollar and commodities

The link between commodities and bonds

Intermarket analysis is unaffected by deflation

The link between the equity and bond markets

Upside breakout above an ascending triple top signals sell

Upside breakout above a bullish resistance line signals sell

Downside breakout of a bearish triangle signals sell

Downside breakout below a bearish support line signals buy

Logarithmic scale

Linear scale

Exponential scale

Arithmetic scale

Price level of the lowest box (for up counts) + (number of boxes in the reversal columns X reversal size)

Price level of the lowest box (for up counts) X number of boxes in the reversal columns X reversal size

Price level of the lowest box (for up counts) of the base X number of columns of the base X reversal size

Price level of the lowest box (for up counts) of the base + (number of columns of the base X reversal size)

Options, indexes and pyramiding

Options, indexes and currencies

Options, leveraging and pyramiding

Options, leveraging and currencies

Only knowledge of current clients and employers must be kept in confidence

The MTA Code of Ethics does not apply to confidentiality of unlawful client or employer activity

The MTA Code of Ethics is silent on client and employer confidentiality so members must refer to laws/rules promulgated by regulatory authorities

All information pertaining to any lawful activity of past or present clients or employers must be kept in confidence

His work is valid for equities but does not apply to commodities

When price meets time, a change is imminent

Gann used 10%, 20%, 30% and 40% as his key resistance and retracement levels

Gann's work is an advanced interpretation of point and figure charts

Buy when the faster moving average crosses the slower moving average from above.

Buy when the faster moving average hooks the slower moving average from above.

Buy when the faster moving average hooks the slower moving average from below.

Buy when the current price crosses above both moving averages.

It is a gradual and steady rise

Each real body opens within or near the prior session's real body

It is composed of three white candles with successively higher closes

Each candle should have a long upper shadow

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

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

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

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

Buy when prices penetrate the upper band

Close out longs when prices reverse and go below the center of the band

Close out shorts when prices reverse and go below the center of the band

Sell when price breaks below the lower band

Inside day

Outside day

Gap

Andrew's Pitchfork

The color of the real bodies is of utmost importance to its significance

It is continuation pattern

The three candles do not have to be on consecutive trading periods

When succes

Are set by convention as all point and figure charts have the same reversals

Depend on the investment time horizon of the holder

Can change within the same chart

Should be less than a week