CMT Practice Questions - CMT Chartered Market Technician Exam

Under Dow Theory, a primary uptrend is considered confirmed when which condition occurs?

Both the Industrial and Transportation averages break above prior secondary-reaction highs The Industrial average alone reaches a new 52-week high Volume declines as prices rise Bond prices rally while stock prices stall

Correct Answer:

Both the Industrial and Transportation averages break above prior secondary-reaction highs

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