CMT Association CMT-Level-I Actual Free Exam Questions & Community Discussion

Exam Code/Number: CMT-Level-I
Exam Name/Title: CMT Level 1 Exam
Certification Provider: CMT Association
Corresponding Certification: CMT Program

Exam Questions: 409
Updated On: Jul 17, 2026

Question #1

Which of the following would MOST likely be a continuation pattern?

A. Engulfing pattern

B. Flag

C. Double bottom

D. Head and shoulders

Discussion 0

Correct Answer: B Vote an answer

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Question #2

How is the wave structure given in the diagram best described?

A. Zigzag

B. Running triangle

C. Contracting triangle

D. Running flat

Discussion 0

Correct Answer: C Vote an answer

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Question #3

Which of the following is NOT true about volume?

A. A rally that occurs on rising volume points to a probable trend reversal

B. A downside break of a moving average or trendline should occur on heavy volume to qualify as a bearish signal

C. A rally that develops on declining volume is suspect

D. Both price and volume can fall off sharply after a buying climax

Discussion 0

Correct Answer: A Vote an answer

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Question #4

In Point and Figure theory, triple tops and triple bottoms, when breached:

A. Frequently lead to a consolidation phase

B. Are false signals

C. Will lead to a stronger price move

D. Lead to smaller continuation patterns

Discussion 0

Correct Answer: C Vote an answer

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Question #5

The Wilder Parabolic Time/Price System:

A. Decreases the number of days in the calculation whenever price reaches a new high

B. Is an oscillator

C. Increases the number of days in the calculation whenever price reaches a new high

D. Works best in trading range markets

Discussion 0

Correct Answer: A Vote an answer

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Question #6

A simpl103e moving average is often criticized because:104105

A. It is difficult to calculate

B. The most recent events are given extra weight106107

C. The entire pri108ce time series is used in i109ts calculation

D. Equal weight is given to each point included in the calculation

Discussion 0

Correct Answer: D Vote an answer

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Question #7

Which is an example of candle pattern filtering?

A. Using cycles to confirm the existence of a pattern

B. Accepting only those patterns that fit the strict definition of their pattern

C. Using western techniques to confirm a candle pattern

D. Accepting only those patterns that are confirmed by the intermediate-term trend

Discussion 0

Correct Answer: C Vote an answer

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Question #8

The candlestick hammer pattern:

A. Has no lower shadow

B. Comes after market rallies

C. Need not be confirmed by other indicators

D. Has a large real body

Discussion 0

Correct Answer: C Vote an answer

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Question #9

During emotional times, flow of funds signals:

A. Function no differently than at any other time

B. Suggest the duration of the next downleg

C. Appear to work poorly because price seems to divorce itself from economics

D. Appear to work exceptionally well

Discussion 0

Correct Answer: C Vote an answer

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Question #10

Which is TRUE of double tops?

A. Volume is lighter during the first peak

B. Height is often used as a measuring objective313233

C. They often occur at market bottoms

D. There are two identifiable peaks at very different price levels

Discussion 0

Correct Answer: B Vote an answer

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Question #11

A trend-based trading system where the trend is the average of a pre-determined number of previous days closing prices is known as:

A. A Point and Figure system

B. A simple moving average system

C. A linear regression slope system

D. An N-day breakout system

Discussion 0

Correct Answer: B Vote an answer

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Question #12

The VIX index measures:

A. The historical volatility of the S&P 500 index options

B. The implied volatility of the S&P 100 index options

C. The implied volatility of the S&P 500 index options

D. The historical volatility of the S&P 100 index options

Discussion 0

Correct Answer: C Vote an answer

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Question #13

Risk can be73 defined as:

A. All of the above

B. Beta

C. Variability of returns

D. Amount of loss per trade

Discussion 0

Correct Answer: A Vote an answer

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Question #14

A rising relative strength line for a stock in a falling market indicates that:

A. The stock is performing better than the market

B. It may be moving into an overbought state

C. The stock is performing worse than the market

D. Price and volume are diverging

Discussion 0

Correct Answer: A Vote an answer

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