According to Technical Analysts, Pricing Patterns Such as the Head

question 53

Multiple Choice

According to technical analysts, pricing patterns such as the head and shoulders are indicators of potential:

• A)reversals from the main trend line.
• B)upcoming corrections which will return the market to the current main trend line.
• C)increasing strength for the main trend line.
• D)decreasing market activity.
• E)increasing market activity.

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Definitions:

Panic Disorder

Recurrent experiencing of attacks of extreme anxiety in the absence of external stimuli that usually evoke anxiety.

Bounce Back

The ability to recover quickly from difficulties; resilience.

Quantity Theory

A theory in economics that asserts the general price level of goods and services is directly proportional to the amount of money in circulation.

Equation of Exchange

An economic formula representing the relationship between money supply, velocity of money, price level, and an economy's output of goods and services.