1. Relative strength is a(n) ______ indicator.
   A. fundamental
   B. economic
   C. technical
   D. international
2. According to market technicians it is time to sell stock in ahead-and-shoulders formation when ___________.
   A. the price index pierces the left shoulder
   B. the price index pierces the right shoulder
   C. the price index pierces head
   D. none of the above takes place.
3. Contrarian investors consider a high put/call ratio as__________.
   A. a bearish signal
   B. a bullish signal
   C. a trend confirmation signal
   D. a signal to enter the options market
4. On a particular day, there were 920 stocks which advanced onthe NYSE and 723 which declined. The volume in advancing issues was80,846,000 and the volume in declining issues was 70,397,000. Thetrin ratio is __________ and technical analysts are likely to be__________.
   A. 0.90, bullish
   B. 0.90, bearish
   C. 11, bullish
   D. 11, bearish