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CMT Association CMT Level 1 Sample Questions:
1. The chart formation highlighted below (Chart showing two distinct lows at similar level with peak in between) is:
A) An island bottom
B) A double bottom
C) A three Buddha pattern
D) A triple bottom
2. Which of the following lists arranges cycles from shortest to longest in duration?
A) Presidential, seasonal, Kondratieff
B) Seasonal, presidential, Kondratieff
C) Presidential, Kondratieff, seasonal
D) Kondratieff, presidential, seasonal
3. Open interest in a futures contract represents:
A) The number of outstanding contracts on the first day of the month
B) The number of outstanding contracts on any given day
C) The sum of total volume and open interest
D) The number of contracts traded in a day
4. A narrowing of Bollinger Bands normally indicates that:
A) A stock is ready for a rally
B) A stock is ready for a decline
C) A stock's volatility has decreased
D) A stock's volatility has increased
5. In the Dow Theory, the MOST important price is the:
A) Close
B) Open
C) High
D) Low
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A |



