CMT Association CMT Level II : CMT-Level-II Exam

  • Exam Code: CMT-Level-II
  • Exam Name: CMT Level II Exam
  • Updated: Sep 25, 2026
  • Q & A: 264 Questions and Answers

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CMT Association CMT-Level-II Exam Syllabus Topics:

SectionObjectives
Advanced Technical Analysis Concepts- Cycle and Wave Analysis
  • 1. Market cycles
    • 2. Elliott Wave principles
      - Behavioral and Intermarket Analysis
      • 1. Intermarket relationships
        • 2. Investor psychology in trends
          Market Analysis Foundations- Market Structure and Behavior
          • 1. Trend formation concepts
            • 2. Market participants and mechanics
              Chart and Pattern Analysis- Candlestick and Price Action Analysis
              • 1. Candlestick formations
                • 2. Support and resistance structures
                  - Classical Chart Patterns
                  • 1. Continuation patterns
                    • 2. Reversal patterns
                      Technical Indicators and Systems- Trend and Momentum Indicators
                      • 1. Moving averages
                        • 2. Oscillators and momentum tools
                          - System Construction and Validation
                          • 1. Backtesting concepts
                            • 2. Risk-adjusted performance measures

                              CMT Association CMT Level II Sample Questions:

                              Question #1

                              When a market exceeds the high of the previous 4 weeks, cycle logic indicates that which of the following cycles has bottomed and turned up?

                              • A. Intermediate-term
                              • B. Short-term
                              • C. Seasonal
                              • D. Long-term
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Question #2

                              Which of the following is GENERALLY true of financial media explanations for market moves?

                              • A. These stories are generally the authoritative explanation of market moves
                              • B. Price movements are not news
                              • C. Such stories are essentially gossip
                              • D. These stories uncover the true underlying drivers of the market
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

                              Question #3

                              What trading decision must a trader make based purely on trend line in the chart below?

                              • A. Hold long positions
                              • B. Close out long positions
                              • C. Close out short positions
                              • D. Trading decisions cannot be made by using trend lines.
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Question #4

                              What is the proper use of long-term charts versus daily price charts?

                              • A. Long-term charts are more useful for making trading decisions
                              • B. Daily price charts allow for a thorough trend analysis
                              • C. Long-term charts allow for a better assessment of the price trend
                              • D. Daily price charts allow for a better assessment of the price trend
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

                              Question #5

                              Which of the following is the calculation for price objective using the vertical count method? (Note: X is the multiplication symbol in this question)

                              • A. Price level of the lowest box (for up counts) of the base X number of columns of the base X reversal size
                              • B. Price level of the lowest box (for up counts) X number of boxes in the reversal columns X reversal size
                              • C. Price level of the lowest box (for up counts) + (number of boxes in the reversal columns X reversal size)
                              • D. Price level of the lowest box (for up counts) of the base + (number of columns of the base X reversal size)
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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