CMT Cheat Sheet 2026

The 30 highest-yield CMT facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. When talking about Volume Statistics which of the following is not considered as a fact of Volume Statistics? → It is helpful for price analysis
2. In Elliott Wave Theory, corrective waves are labeled with: → Letters A, B, C
3. In Elliott Wave Theory, a 'flat' correction is characterized by: → A sideways 3-3-5 wave corrective pattern
4. Which wave in an Elliott impulse sequence is typically associated with the highest volume, strongest momentum, and widest price spread? → Wave 3
5. In Chartered Market Technician, what does the PDCA cycle stand for? → Plan, Do, Check, Act
6. What is a key benefit of implementing performance metrics in Chartered Market Technician risk management? → Providing measurable data to track progress and inform decision-making
7. Seasonal analysis in CMT typically examines price tendencies over periods of: → Weeks, months, and annually recurring patterns
8. What is the fundamental accounting equation? → Assets = Liabilities + Equity
9. Which of the following statements is not an outcome of a market climax regarding pattern analysis? → The underlying trend line is gradually adjusted at a gradual incline slope
10. In Chartered Market Technician, why is chart patterns knowledge important for professional certification? → It demonstrates competence and ensures practitioners meet established standards
11. What are the three basic categories of simple corrective patterns in Elliott Wave Theory? → Zigzags, flats, and triangles
12. The Kondratieff Wave (K-Wave) cycle is associated with an approximate period of: → 50–60 years
13. What is a key benefit of implementing performance metrics in Chartered Market Technician portfolio management? → Providing measurable data to track progress and inform decision-making
14. In market cycle analysis, the 'four-year cycle' in US equities is most associated with: → The presidential/business cycle
15. Elliott Wave Theory posits that market prices move in a pattern of how many waves in the direction of the main trend? → 5
16. In candlestick analysis, which of the following increases the reliability of a reversal pattern? → Confirmation from the following session's candle
17. Who developed Elliott Wave Theory after studying 75 years of stock market data in the 1930s? → Ralph Nelson Elliott
18. Which approach is most effective for mastering chart patterns in Chartered Market Technician? → Combining theoretical study with practical application and regular review
19. What is the relationship between theory and practice in Chartered Market Technician market indicators? → Theory provides the foundation and framework that guides effective practical application
20. What market behavior typically follows an Elliott Wave triangle pattern? → A thrust move in the direction of the larger trend
21. Which of the following facts is not correct when talking about wedge patterns? → Both trend lines are heading in the opposite direction
22. In Elliott Wave Theory, 'wave degree' refers to which concept? → The relative size and time duration of waves within a fractal hierarchy
23. What is a "control group" in Chartered Market Technician research? → A group that does not receive the experimental treatment, serving as a baseline comparison
24. What is a "control group" in Chartered Market Technician research? → A group that does not receive the experimental treatment, serving as a baseline comparison
25. Which of the following facts is used to distinguish between a rising and a falling wedge pattern? → The upward bound falls more quickly than the lower bound
26. What is the purpose of peer review in Chartered Market Technician statistical methods? → To have qualified experts evaluate research quality before publication
27. The 'Evening Star' candlestick pattern is a: → Three-candle bearish reversal pattern
28. In Chartered Market Technician, what does "statistical significance" mean? → The result is unlikely to have occurred by chance alone (typically p < 0.05)
29. In Chartered Market Technician, what role does continuing education play in market indicators? → To keep professionals current with evolving standards, technologies, and best practices
30. What is the primary objective of chart patterns in Chartered Market Technician? → To ensure competence and proficiency in core chart patterns concepts