Most UptoDate CMT Association CMT-Level-II Exam Dumps PDF 2023
100% Free CMT Program CMT-Level-II Dumps PDF Demo Cert Guide Cover
CMT Association CMT-Level-II exam is a computer-based exam that is administered at Pearson VUE testing centers worldwide. CMT-Level-II exam consists of multiple-choice questions that are designed to test the candidate's knowledge of technical analysis and related topics. Candidates are required to pass all three levels of the CMT exam to earn the CMT designation.
The CMT-Level-II exam is open to anyone who has passed the CMT-Level-I exam and has at least three years of experience in the financial industry. Candidates must also be members of the CMT Association in good standing. CMT-Level-II exam is offered in several locations around the world, and can be taken online or in person.
NEW QUESTION # 77
Abandoned baby patterns:
- A. ideally has a doji as second real bottom
- B. appear upon completion of star patterns
- C. can only be formed over long periods of time
- D. appear nowhere in star patterns, only in box ranges
Answer: A
NEW QUESTION # 78
A trend based trading system where signals occur when the current high or low price exceeds the previous high or low price:
- A. N-day breakou
- B. Point and figure
- C. Simple moving average
- D. Swing breakout
Answer: B
NEW QUESTION # 79
Central tendency is:
- A. The midpoint of a trading range
- B. Statistical jargon for the typical outcome
- C. A popular Elliott Wave guideline
- D. A common pitfall of novice traders
Answer: B
NEW QUESTION # 80
Adam Green, a portfolio manager, is making a presentation to a prospective client. Green says that as a new portfolio manager, he made an average annual rate of return of 40% in the last two years at his previous firm and that based on this, he can guarantee a 40% return to the client. Which of the following statements is in accordance with Standard III(D), Performance Presentation?
- A. Imputing his past performance to future performance.
- B. Stating his past performance as long as it is fact.
- C. Implying that he can guarantee a return.
- D. Implying that he can guarantee a return based on just 2 years of performance.
Answer: B
NEW QUESTION # 81
Which of the following is a CORRECT inter-market relationship
- A. Bonds prices trend in the same direction as commodities
- B. Bond prices move inversely to equities
- C. The U.S. dollar moves inversely to commodities
- D. Financial stocks trend inversely to bonds
Answer: C
NEW QUESTION # 82
Which is the CORRECT interpretation of the candlestick hanging man pattern?
- A. A hanging man has no lower shadow
- B. A hanging man always has a black real body
- C. A hanging man comes after a market rally
- D. A hanging man need not be confirmed by other indicators
Answer: C
NEW QUESTION # 83
Standard deviation is:
- A. The square root of the variance
- B. An inferential statistic which measures symmetry around the mean
- C. A descriptive statistic which defines the central tendency
- D. The covariance of two securities
Answer: A
NEW QUESTION # 84
Allen Johnson, CMT, is working in the Singapore office of German Investment Corporation. From an informal conversation, Allen learns that the company's most recent annual report contains misappropriated information. No one at the Singapore office expresses concern, however, because there has been no breach of Singapore's law. Barrett should:
- A. do nothing because the branch is outside of German jurisdiction.
- B. disassociate himself from the case with a written report to his supervisor.
- C. do nothing because the branch is outside of Singapore's jurisdiction.
- D. seek advice from the company counsel to determine appropriate action.
Answer: D
NEW QUESTION # 85
Which of the following is a true statement according to Elliott Wave Theory?
- A. Triangles are usually second waves preceding a longer third wave
- B. Waves can be expanded into longer waves and subdivided into shorter waves
- C. The Pythagorean theorem is the mathematical basis for Elliott Wave Theory
- D. In the stock market, wave 5 is the most common to extend
Answer: B
NEW QUESTION # 86
What is the MTA's position with respect to knowledge of client and employer information:
- A. The MTA Code of Ethics does not apply to confidentiality of unlawful client or employer activity
- B. Only knowledge of current clients and employers must be kept in confidence
- C. All information pertaining to any lawful activity of past or present clients or employers must be kept in confidence
- D. The MTA Code of Ethics is silent on client and employer confidentiality so members must refer to laws/rules promulgated by regulatory authorities
Answer: C
NEW QUESTION # 87
If 300 shares traded at a certain price which of the following conclusions cant be drawn from this given situation?
- A. Traders could determine the support
- B. Traders would record four bars at that price
- C. Traders could determine the resistance zones
- D. Traders could determine the price at which supply and demand were equalized
Answer: B
NEW QUESTION # 88
Which of the following factors would increase the predictive power of the evening star pattern?
- A. All of the above
- B. If the last candle closes deeply into the body of the first candle
- C. If there is light volume on the first candle of the pattern and heavy volume on the last candle of the pattern
- D. If there is no overlap among the real bodies of the candles in the pattern
Answer: A
NEW QUESTION # 89
________ is calculated by finding the probability of loss of the current market positions based on past market movements.
- A. Hindenburg Omen
- B. Treynor ratio
- C. Value at Risk
- D. Potential Risk
Answer: C
NEW QUESTION # 90
Which of the following BEST characterizes the Theory of Contrary Opinion?
- A. Fundamental analysis is always wrong
- B. Always trade against the prevailing trend
- C. When virtually everyone takes the position that the market is headed in a certain direction, there is no one left to push the trend any further
- D. The future can be extrapolated based on present trends
Answer: C
NEW QUESTION # 91
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 90% gain to break even
- C. It requires a 100% gain to break even
- D. It requires a 70% gain to break even
Answer: B
NEW QUESTION # 92
Which of the following point and figure trading techniques limits risk compared to more basic trading rules?
- A. Buy or sell as soon as a new column is created on the chart
- B. Take small consistent profits, but allow large, windfall profitable positions to run
- C. Buy or sell on pullbacks after initial trade signal
- D. Close out your trade on the second reversal back in the direction of the original signal
Answer: C
NEW QUESTION # 93
Which of the following is true of moving average crossovers?
- A. The first crossover in a triple crossover system during an upside reversal is when the shortestterm moving average crosses above one of the other two averages
- B. Once a moving average system is optimized, it can be used for trading all markets
- C. In a triple crossover trading system buying is signaled when the shortest term moving average crosses over one of the other moving averages
- D. It is considered bearish when a short term moving average crosses above a longer term moving average
Answer: A
NEW QUESTION # 94
Which of the following points represents a valid island reversal in the chart below?
- A. None of the above
- B. A
- C. B
- D. C
Answer: A
NEW QUESTION # 95
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The CMT-Level-II exam covers a wide range of topics related to technical analysis, including chart construction, trend analysis, behavioral finance, and risk management. CMT-Level-II exam is designed to test the analytical skills and knowledge of candidates in these areas, as well as their ability to apply technical analysis principles to real-world trading situations. CMT-Level-II exam is typically administered over a two-day period, with a total of 180 multiple-choice questions.
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