Question: Considering support or resistance level one should contemplate the importance of 1- oscillators a. establishing boundaries b. confirmation with contrary opinion c. tendency to round
Considering support or resistance level one should contemplate the importance of 1- oscillators a. establishing boundaries b. confirmation with contrary opinion c. tendency to round numbers d. to stop advances or declines re. tendency for price and volume divergences f. all of the above 2- when quiet on future charts rsi movements above 70 are usually interpreted as an a. indication of overbought prices b. indication of oversold prices c. indication of trend continuation indication of trending prices d. none of the above e. 3- The longest term cycle is generally recognized as a. The jugular cycle b. The kitchen cycle c. The decennial cycle d. The kondratieff cycle 4- charts constructed using an arithmatic scale show a. equal dollar price moves cover the same amount of space b. equal dollar price moves cover different amount of space depending on the percentage magnitude of price movement c. price and volume d. interval between time and price e. none of the above 5- oscillators are used to alert the analysts to a. volume divergences b. continuation patterns c. extended rallies d. overbought/oversold conditions none of the above e
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