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CMT Association CMT-Level-I Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Ethics and Professional Standards | 3% | - Code of Ethics and Standards of Professional Conduct |
| Classical Techniques | 33% | - Chart Types and Construction - Technical Indicators - Cycles and Seasonality - Trend Analysis - Chart Pattern Analysis |
| Theory and History | 38% | - Key Concepts and Terminology - Evolution of Technical Analysis - Behavioral Finance and Market Principles |
| Advanced Techniques | 26% | - Risk Management Basics - Cross-Asset Analysis - Volatility Analysis - Systematic Trading Methods - Statistical and Quantitative Analysis |
CMT Association CMT Level 1 Sample Questions:
1. A trend based trading system where the trend is the slope of a straight line found using a least squares regression is known as:
A) A simple moving average system
B) A Point and Figure system
C) A linear regression slope system
D) An N-day breakout system
2. The January Effect is:
A) Has not worked well in recent years
B) When small cap stocks are more likely to outperform the market
C) As the S&P goes in January, so goes the year
D) B and C
3. Which of the following factors would increase the predictive power of the candlestick engulfing pattern?
A) The pattern appears after a consolidation pattern
B) There is heavy volume on the second day of the engulfing pattern
C) The first day has a very long real body and the second day has a very short real body
D) The pattern appears in a sideways market
4. According to Elliott Wave Theory:
A) The rule of alternation states that up waves follow down waves
B) The number of waves follows the Pythagorean theorem
C) Market action is governed by the Golden Ratio
D) Corrections do not fall below the top of the prior fourth wave
5. Which of the following is a CORRECT Point and Figure chart pattern interpretation?
A) Downside breakout below a bearish support line generates a buy signal
B) Upside breakout above an ascending triple top generates a sell signal
C) Downside breakout of a bearish triangle generates a sell signal
D) Upside breakout above a bullish resistance line generates a sell signal
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |



