MentorIndexp2

Test Your Skill - Answers

1.        Percentage.

2.        True.

3.        Candlestick.

4.        Indeterminable just using candlesticks.

5.        Up. This is an upside down (bullish) head and shoulder pattern.

6.         True.

7.        Higher.    Higher volume indicates what the majority of
  investors think of a stock.

8.         False.     Relative strength only points out stocks that are
performing better than others. It is still possible for a stock to
outperform others simply by losing less.

9.         False.       The put/call peak above 0.80 is a sign that
fear/bearishness has peaked and that it was time to buy.

10.        Sell.     The low VIX indicated that there was unsustainable
optimism.

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