QUESTION 7 What is the name of the pattern in the box? SPY SPOR S&P 500 ETF NYSE SPY (Weekly) 232.76 (30 Jun) Stockharts.com Open 234.78 High 235 24 Low 230 48 Last 232.79 Volume 418.4 Ch.128 (0554) 226 216 210 206 200 100 186 180 176 STO May Jun Avg Sep Oct Nov Dec 2016 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 Feb Mar Apr May Jun Volume 418.406,209 1750 1 500 100B 750M May Jun Aug Sep Oct Nov Dec 2016 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 Feb Mar Apr May a. Head and shoulders Bottom b. Double Top C. Rectangle d. Falling Wedge QUESTION 8 For the construction of short-term patterns, what data is required? 1. Open 2. High 3. Low 4. Close a. 1 Only b. 2, 3 and 4 Only c. 1, 2, 3, 4 d. 1 and 3 Only QUESTION 9 You are the manager of a hedge fund that has just received a large redemption request causing you to shut down the fund. What type of "market player" has this forced you to become? a. Informed b. Noise c. Liquidity d. Retail QUESTION 10 Decreasing volume as a pattern develops is a characteristic of each of the following except broadening formations wedges symmetrical triangles pennants