Test CMT Association CMT-Level-I Questions Answers - CMT-Level-I Free Practice

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| Section | Weight | Objectives |
|---|
| Ethics and Professional Standards | 3% | - Code of Ethics and Standards of Professional Conduct
|
| Advanced Techniques | 26% | - Statistical and Quantitative Analysis - Risk Management Basics - Volatility Analysis - Systematic Trading Methods - Cross-Asset Analysis
|
| Classical Techniques | 33% | - Trend Analysis - Cycles and Seasonality - Technical Indicators - Chart Types and Construction - Chart Pattern Analysis
|
| Theory and History | 38% | - Key Concepts and Terminology - Behavioral Finance and Market Principles - Evolution of Technical Analysis
|
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CMT Association CMT Level 1 Exam Sample Questions (Q42-Q47):
NEW QUESTION # 42
An inverted yield curve has historically pointed toward:
- A. Economic expansions
- B. Deflationary pressures
- C. Inflationary pressures
- D. Slower economic growth and recessions
Answer: D
Explanation:
Detailed Explanation:
An inverted yield curve (short-term rates higher than long-term rates) indicates tight monetary policy and low expectations for future growth/inflation. Historically, it is the most reliable predictor of recessions.
NEW QUESTION # 43
Which of the following can be considered a sentiment indicator?
- A. Specialist Short Sales Ratio
- B. All of the above4445
- C. Mutual Fund Cash/Asset Ratio
- D. Odd Lot Purchase/Sales Ratio
Answer: B
Explanation:
Detailed Explanation:4849
Sentiment indicators measure the mood of market participants.5051
* Specialist Short Sales:Smart money sentiment.5253
* Mutual Fund Cash:Institutional sentiment (high cash = bearish/cautious).5455
* Odd Lot Ratio: Retail (public) sentiment (historical56ly considered "dumb money").57 All of these are classic sentiment gauges.58
NEW QUESTION # 44
A complete collection of daily charts of the Wall Street was first published by:
- A. William Hamilton
- B. Richard Wyckoff
- C. Robert Rhea
- D. Samuel Nelson
Answer: C
Explanation:
Detailed Explanation:
Robert Rhea, a prominent Dow Theorist, was instrumental in compiling and publishing extensive chart data.
His work (like "The Dow Theory") relied heavily on the visual history of the averages.
NEW QUESTION # 45
The stock price of Kennedy Consultants is falling for last 30 days. Ronny observed that one indicator was still rising continuously. Which of the following is he observing?
- A. 10 day Moving average
- B. Relative strength index
- C. Rate of change
- D. Relative strength
Answer: D
Explanation:
Detailed Explanation:
Relative Strength (Comparative) measures a stock against a benchmark. Even if a stock is falling, if the benchmark is falling faster, the ratio (Stock/Benchmark) will rise. Thus, it is possible for the Relative Strength line to rise while the absolute price is falling.
NEW QUESTION # 46
Put call ratio is:
- A. External Indicator for markets616263
- B. Market breadth indicator
- C. Market sentiment indicator585960
- D. Market momentum indicator555657
Answer: C
Explanation:
Detailed Explanation:676869
The Put/Call Ratio measures the volume of Puts vs. Calls. Since it reflects whether traders are betting on a decline (Puts) or a rise (Calls), it is a classi70c Sentiment Indicator, often used as a contrarian tool (extreme high put buying = market bottom).7172
NEW QUESTION # 47
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