View all questions & answers for the CMT-Level-II exam
Which of the following is true of contrary opinion as a technical analysis technique?
Contrary opinion can be used as the sole decision source in entering into new trading positions
Contrarians trade against the consensus even when it is within a normal range
Contrary opinion is more useful in deciding when to exit positions than as a timing tool
Once all long positions have been set, there is diminishing influence by the bulls
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