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CMT Level II Exam

Last Update 17 hours ago Total Questions : 262

The CMT Level II Exam content is now fully updated, with all current exam questions added 17 hours ago. Deciding to include CMT-Level-II practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our CMT-Level-II exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these CMT-Level-II sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any CMT Level II Exam practice test comfortably within the allotted time.

Question # 51

What is the measuring objective for double top chart pattern?

A.

The distance between the two chart tops

B.

The distance between the price level at the first top and the second top

C.

The price change of the move prior to entering the double top pattern

D.

The height of the pattern from the breakdown point

Question # 52

What is the specific name given to the normal distribution for having special characteristics?

A.

Center limit theorem

B.

Histogram

C.

Central limit theorem

D.

All of the above statements

Question # 53

Interpret the relationship between the S & P 500 and the NASDAQ 100 indexes based on the chart shown below, if the Pearson's coefficient of correlation is 0.45:

A.

Linear relationship, as the Best Fit line is curvilinear.

B.

Linear relationship, as points fall generally along a straight line.

C.

Non-linear relationship, as points fall generally along a straight line.

D.

Non-linear relationship, as the Best Fit line is curvilinear.

Question # 54

In some point-and-figure charts, what is the actual representation of the new price recorded on the chart?

A.

The first letter or the number of the month is plotted

B.

The number of the month is plotted

C.

The first letter of the month is plotted

D.

The name or the number of the month is plotted

Question # 55

The _______________ tracks the degree of mass participation in rallies and decline.

A.

MACD line

B.

RSI

C.

Relative strength

D.

Advance/Decline line

Question # 56

How would one improve a trading system utilizing band penetrations as trading signals which is giving too many unprofitable trade signals?

A.

Narrow the bands

B.

Widen the bands

C.

Utilize a shorter time horizon

D.

Utilize stop loss orders

Question # 57

ALL of the following are standard patterns used with 3-Box reversal point and figure charts, EXCEPT:

A.

Bullish or Bearish Triangle

B.

Triple Top or Triple Bottom

C.

Double Top or Double Bottom

D.

Bullish or Bearish Fulcrum

Question # 58

Which of the following is a CORRECT interpretation of open interest?

A.

Rising open interest in an uptrend is bearish

B.

Declining open interest in an uptrend is bearish

C.

Rising open interest in a downtrend is bullish

D.

Declining open interest in a downtrend is bearish

Question # 59

Which of the following describes the McClellan Oscillator?

A.

On days when prices close higher, it is assumed that all volume is represented by sellers

B.

It is a breadth momentum oscillator

C.

It is the sum of two exponential moving averages

D.

It is used for longer-range trading compared to the McClellan Summation Index which is more useful for short term trading

Question # 60

Which of the following best helps quantify the risk of a trading system?

A.

Maximum Cumulative Drawdown

B.

Maximum Favorable Excursions

C.

Longest Flat Time

D.

Length of Average Winning Trade

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