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Updated: Sep 01, 2026

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CMT Association CMT-Level-II Exam Overview:

Certification Vendor:CMT Association
Exam Name:CMT Level II Exam
Exam Number:CMT-Level-II
Available Languages:English
Exam Format:Proctored Exam, Multiple Choice, Computer-Based Exam
Certificate Validity Period:No expiration after completion of full certification; Level II is a progression exam stage
Related Certifications:CMT Level I
CMT Level III
Chartered Market Technician (CMT)
Exam Duration:240 minutes
Recommended Training:CMT Association Learning Resources
Exam Registration:CMT Association Registration Portal
Sample Questions:CMT Association CMT-Level-II Sample Questions
Exam Way:Computer-based exam delivered at authorized testing centers or online proctored delivery depending on region
Pre Condition:Completion of CMT Level I exam or approved waiver by CMT Association
Official Syllabus URL:https://cmtassociation.org

CMT Association CMT-Level-II Exam Syllabus Topics:

SectionObjectives
Topic 1: Technical Indicators and Systems- System Construction and Validation
  • 1. Risk-adjusted performance measures
    • 2. Backtesting concepts
      - Trend and Momentum Indicators
      • 1. Oscillators and momentum tools
        • 2. Moving averages
          Topic 2: Advanced Technical Analysis Concepts- Behavioral and Intermarket Analysis
          • 1. Intermarket relationships
            • 2. Investor psychology in trends
              - Cycle and Wave Analysis
              • 1. Market cycles
                • 2. Elliott Wave principles
                  Topic 3: Chart and Pattern Analysis- Classical Chart Patterns
                  • 1. Continuation patterns
                    • 2. Reversal patterns
                      - Candlestick and Price Action Analysis
                      • 1. Support and resistance structures
                        • 2. Candlestick formations
                          Topic 4: Market Analysis Foundations- Market Structure and Behavior
                          • 1. Market participants and mechanics
                            • 2. Trend formation concepts

                              CMT Association CMT Level II Sample Questions:

                              Question 1

                              Which of the following actions would be a violation of the Standard VII(A) Conduct as Participants in CFA Institute Programs?

                              A. Exaggerating the implications of holding the CFA designation.
                              B. Misrepresenting information on the Professional Conduct Statement.
                              C. Participating in a civil disobedience movement to oppose a government action.
                              D. Using the CFA designation without submitting a Professional Conduct Statement and paying annual dues.


                              Question 2

                              Why is it important to ignore opinions and focus on facts in market analysis?

                              A. General news reflects slowly unfolding economic and financial trends not yet discounted by the markets
                              B. Opinions are not generally discounted by the market
                              C. Stock market news is more important than general news in determining the future direction of the markets
                              D. Unexpected news does not get factored into the market


                              Question 3

                              Which of the following is the correct method to plot a percentage change in point-and-figure charts?

                              A. The prices are converted into their logarithmic equivalent and plotted as a logarithmic number
                              B. The approximated prices are plotted as a number
                              C. The prices are converted into their arithmetic equivalent and plotted as an arithmetic number
                              D. The exact prices are plotted as a number


                              Question 4

                              If a peak occurs prior to the halfway point of a cycle, this would be considered:

                              A. Left translation
                              B. Inversion
                              C. Right translation
                              D. Entropy


                              Question 5

                              A security has just broken out of its trading range to the upside. Over the course of the next 2 days, it rises an additional 5% from the point of the breakout. It then returns to its prior resistance line, before continuing the uptrenD. What term best describes this phenomenon?

                              A. Premature Breakout
                              B. Failure
                              C. Throwback
                              D. Shortfall


                              Solutions:

                              Question 1
                              Answer: B
                              Question 2
                              Answer: A
                              Question 3
                              Answer: A
                              Question 4
                              Answer: A
                              Question 5
                              Answer: C

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