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CMT Association CMT-Level-I Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Theory and History | - Evolution of Technical Analysis
|
| Topic 2: Advanced Techniques | - Systematic Trading
|
| Topic 3: Classical Techniques | - Cycles
|
CMT Association CMT Level 1 Sample Questions:
Juliet Covey, CMT, is proud of her CMT charter and her membership in the Market Technicians Association.
Covey manages private client accounts and advertises her services on liquor glasses at a local bar. In these advertisements, the MTA logo is prominently displayed and the statement "Keep drinking, I am working hard managing your money" appears on the glasses. With respect to the MTA Code of Ethics, Covey's actions:
- A. Violate the standard against misuse of the MTA logo
- B. Violate the standard against misleading advertising
- C. Are not in violation of the Code
- D. Violate the standard with respect to maintaining the highest standards of professional competence, integrity and judgment
Correct Answer: B 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
A Channel breakout system works extremely well in:69
- A. Daily and weekly charts and monthly charts
- B. A and C
- C. Non-trend71ing markets
- D. Trending markets70
Correct Answer: B 🗳️
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Annie Jones is the portfolio manager for a large-cap equity investment fund. Her colleagues at another investment fund share details about a small-cap company that is now showing a long-term basing pattern on the price charts, and whose prospects for future growth and earnings are outstanding. She invests in the company on behalf of the fund, and over the course of the next three years, the performance of the company's stock contributes greatly to her investment fund beating its benchmark. Jones:
- A. Has not violated the CFA Institute Code and Standards because she conducted additional research based on the information and found supporting evidence of her trade action
- B. Has violated the CFA Institute Code and Standards because her investment in the small-cap company is contrary to the stated objectives of the fund
- C. Has violated the CFA Institute Code and Standards because she was made aware of the opportunity by her colleagues at another firm, thereby using confidential information in the process
- D. Has not violated the CFA Institute Code and Standards because the investment was in the common stock of a listed entity, which is allowed by the investment fund she manages
Correct Answer: B 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
If a peak occurs prior to the halfway point of a cycle, this would be considered:
- A. Inversion
- B. Left translation
- C. Normal distribution
- D. Right translation
Correct Answer: B 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
An inverse head and shoulders pattern is:
- A. Generally unreliable1920
- B. A topping pattern
- C. A and B2324
- D. A reversal pattern2122
Correct Answer: D 🗳️
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