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Exam (elaborations)

CMT Level 1 - Sample Questions 2 – WITH COMPLETE SOLUTIONS

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Cycles are most likely measured a. low to low. b. low to high. c. high to low. d. high to high. correct answer: a. (low to low.) Reference: Pring, 2002, Technical Analysis Explained, 4th Edition, Chapter 21, p. 391 Which of the following is the most important aspect of a cycle in studying the relationship between cycles of different lengths? a. Phase b. Period c. Amplitude correct answer: a. (Phase) Reference: Kirkpatrick & Dahlquist, 2011, Technical Analysis, 2nd Edition, Chapter 19, p. 454-5. With regard to cycle analysis, translation is best described as a. the distance between peaks. b. the distance between troughs. c. to the left when the peak is beyond the halfway point. d. useful in checking where the trend direction is headed or if it is changing. correct answer: d. (useful in checking where the trend direction is headed or if it is changing.) Reference: Kirkpatrick & Dahlqui

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