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CMT Association CMT-Level-I Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Theory and History | 38% | - Evolution of Technical Analysis - Key Concepts and Terminology - Behavioral Finance and Market Principles |
| Topic 2: Ethics and Professional Standards | 3% | - Code of Ethics and Standards of Professional Conduct |
| Topic 3: Advanced Techniques | 26% | - Volatility Analysis - Cross-Asset Analysis - Systematic Trading Methods - Risk Management Basics - Statistical and Quantitative Analysis |
| Topic 4: Classical Techniques | 33% | - Trend Analysis - Cycles and Seasonality - Technical Indicators - Chart Types and Construction - Chart Pattern Analysis |
CMT Association CMT Level 1 Sample Questions:
1. Over a period of 4 weeks, a swing trader notices that for a particular security the ADX reading has declined from a high of 45 to a current low of 15. What tool may best help the trader isolate a trading opportunity over the next few days?
A) An oscillator
B) A linear regression line
C) A simple moving average
D) An exponential moving average
2. Identify the type of pattern marked with a circle in the given chart:
A) Bullish reversal
B) Bearish reversal
C) Bearish continuation
D) Bullish continuation
3. Speed res60istance lines:
A) All of the above
B) Are used to measure percentage retracements
C) Measure the rate of ascent or descent of a trend
D) Divide a trend in thirds
4. A breakout:
A) Occurs most often when price passes through a prior support or resistance level
B) Always occurs on high volume
C) Is usually a false signal
D) Needs no confirmation
5. Which of the following is a generally accepted notion regarding the use of futures volume and open interest?
A) Open interest increases during a trending period
B) Rising prices and falling open interest indicate a strong bull market
C) Volume and open interest decrease during an accumulation phase
D) Falling prices and declining volume/open interest indicate a pending change of direction
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |



