MTA CMT Level 1| 100 questions| with complete solutions
What are the basic tenets of Dow Theory correct answer: 1.) The averages discount everything 2.) The market has three trends 3.) Major trends have three phases 4.) The averages must confirme each other 5.) Volume must confirm trend 6.) A trend is in effect until it gives definitive signals that it has reversed Technical Analysis by Kirkpatrick correct answer: The study of prices in freely traded markets with the intent of making profitable trading or investment decisions. -Kirkpatrick Basic Assumptions of Technical Analysis by Edwards & Magee correct answer: -Stock prices are determined solely by the interaction of demand and supply -Stock prices tend to move in trends -Shifts in demand and supply cause reversals in trends -Shifts in demand and supply can be detected in charts -Chart patterns tend to repeat themselves Technical Analysts believe... correct answer: -"the market is always correct" -that all factors (Fundamental) are already factored into the demand and supply curves and, thus, the price of th
Written for
- Institution
- CMT
- Course
- CMT
Document information
- Uploaded on
- April 28, 2023
- Number of pages
- 15
- Written in
- 2022/2023
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
mta cmt level 1| 100 questions| with complete solutions
Document also available in package deal