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TECHNICAL ANALYSIS OF INTERNATIONAL STOCK MARKETS
Answers
1. D.
2. B.
3. D.
4. A.
5. F. Relative action was not discussed in the text.
6. B.
7. D.
8. bull, trading
9. B. Both series are below their long-term MAs, and the KST for the absolute price is bearish. That for the relative action is in a declining mode.
10. A. First, a close above $19.50 would take the price above its MA and above the down trendline. Moreover, the relative line was very strong while the price was moving down. This suggests that the World Index was in a primary bear market, which actually was the case in 2002. Provided the relative action continues to remain positive when the primary trend turns up, this country’s ETF will outperform the rest of the world.
11. D.
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