Q6. A support level is the price range at which a technical analyst would expect the: A) supply of a stock to decrease substantially. B) demand for a stock to decrease substantially. C) demand for a stock to increase substantially.
Q7. A time series calculated as the cumulative number of net advances less net declines is used to indicate: A) smart investors' confidence. B) the breadth of the market. C) support and resistance levels.
Q8. Which of the following statements about technical analysts is most accurate? A) When investors' credit balances are falling, contrary-opinion technicians are bearish. B) A technical analyst supports the weak form of the efficient market hypothesis. C) When margin balances in brokerages accounts increase, contrary-opinion technicians are bearish.
Q9. If the CBOE put/call ratio stands at 0.2, then the market:
A) is bullish, and contrarians are bearish. B) and contrarians are bearish. C) is bearish, and contrarians are bullish.
Q10. An investor who views the Treasury-Eurodollar (TED) spread and the (Barron’s) confidence index as smart-money indicators would consider increases in these measures to respectively be: A) both bearish. B) both bullish. C) bearish; bullish.
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