Beginner Level: Final Examination
The final exam consists of eight charts with questions. You may use any of the guide/summary sheets prepared for you in Chapter 5.
The answers will be found in the Exercise Appendix.
Question 1: Figure 5.16 is a daily chart of the DIA ETF for the Dow Jones Industrial Average. Pay no attention to the volatility bands running through the price data. You will have to become accustomed to reading wave structure through other analytics on your charts. Wave ‘4’ has already been labeled for you. What kind of corrective pattern did the market develop?
FIGURE 5.16 Final Exam 1
Source: Aerodynamic Investments Inc., Advanced Trading Seminar, TradeStation.
Question 2: Figure 5.17 shows three housing stocks that enjoyed ...
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