The stochastic oscillator was created utilizing which basic observation?

• A.As prices decline, the trading range tends to narrow
• B.Existing oscillators were limited to a range of 0 to 100
• C.Prices tend to be closer to the upper end of the trading range during an uptrend
• D.Volume precedes price

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The measuring technique for MOST continuation patterns implies that a price objective from the breakout point is equal to the ____ of the pattern at its broadest point.

• A.Width
• B.Height
• C.None of the above
• D.100% of prior trend

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Moving averages are of LEAST use in generating buy or sell signals in:

• A.A sideways trend
• B.A moderately sloping uptrend
• C.A steep downtrend
• D.Not especially useful in any of them

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According to Russell, when Dow Jones industrial average moves below _______ for the second time, it is a confirmation of bear market.

• A.30 days
• B.30 weeks
• C.200 days
• D.52 weeks

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Identify the gap highlighted (black arrow) in the chart (Chart showing gap out of a base):

• A.Common gap
• B.Runaway gap
• C.Exhaustion gap
• D.Breakaway gap

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