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10. Which one is correct? ( De 1. A golden cross indicates a long-term bear market going forward, while a death cross signals a long-term
10. Which one is correct? ( De 1. A golden cross indicates a long-term bear market going forward, while a death cross signals a long-term bull market. 2. Either crossover is considered more significant when accompanied by low trading volume. 3. Once the crossover occurs, the long-term moving average is considered a major support level. 4. The crossovers frequently occur as a strong confirmation of a change in trend that has not yet taken place. 11. These are some explanations about Bollinger band. Which one is incorrect? ( ) 1. A squeeze signals a period of low volatility and is considered by traders to be a potential sign of future increased volatility and possible trading opportunities.' 2. The bands give no indication when the change may take place or which direction price could move. 3. The breakout is a good trading signal. 4. Most favored technical techniques are moving average divergence/ convergence (MACD), on-balance volume and relative strength index (RSI). 12. Which is incorrect ?( De 1. Bollinger bands can be used to determine if prices are relatively high or low 2. According to Bollinger, the bands should contain 88-89% of price action, which makes a move outside the bands significant. 3. Prices are relatively low when above the upper band and relatively high when below the lower band. 4. Like other indicators, Bollinger Bands are not meant to be used as a stand-alone tool
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