1. When a market is in an up trend and a bar chart shows a higher high and a lower low than the previous trading period and the market closes below the previous close, this is a:
A. key reversal
B. break away gap
C. buy signal
D. a, b & c.
2. Moving averages as a technical analysis tool are:
A. compliments to a bar chart
B. substitutes to a bar chart
C. clear in their market signals
D. a, b & c.
3. A market where prices are increasing, and where volume and open interest are increasing, is:
A. bullish
B. turning bearish
C. bearish
D. turning bullish
1. (A) key reversal- when the price will be closing below the previous close then it will be a key reversal signal.
2. (C) clear in their market signal- moving averages are often providing with Better technical analysis because of clear in their marking signals. they will mark level in the chart and define support and resistance
3. (D) turning bullish- when the market where the price is increasing and volume and open interest are increasing as well then it is turning bullish.
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