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CMT Association CMT Level 1 Sample Questions:
1. Identify the candlestick pattern highlighted in the chart (Chart showing a small body with long lower shadow after a decline):
A) Evening star
B) Hanging man
C) Inverted hammer
D) Hammer
2. Which is NOT true of a buying climax?
A) Prices initially rise sharply
B) The close is near the low end of the daily range
C) Volume is very heavy
D) Prices fall sharply at first
3. Whi75ch of t76he following indicates short covering in futures market?
A) Price decreasing and open interest increasing
B) Price increasing and open interest increasing
C) Price decreasing and open interest decreasing
D) Price increasing and open interest decreasing
4. Volume should diminish during the price swings within a triangular pattern:
A) True
B) Sometimes
C) False
D) Only on the downside swings60
5. Which of the following is CORRECT regarding the three black crows candlestick pattern?
A) It is continuation pattern
B) The three candles should close at or near their lows
C) It occurs at a market bottom
D) The three black candles do not have to be on consecutive trading periods
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |

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