CMT Exam Blog

Study guides, exam strategies, and technical analysis insights for CMT candidates.

Featured Guide March 24, 2026 45 min read

The Ultimate Guide to the CMT Exam 2026: Everything You Need to Know

The most comprehensive, data-driven guide to the CMT exam — pass rates, costs, curriculum, study plans, career outcomes, and interactive charts.

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March 1, 2026 8 min read

Dow Theory for the CMT Exam: The 6 Tenets Explained

The complete guide to Dow Theory for CMT candidates — six tenets, three phases, and modern applications with charts.

Dow TheoryCMT Level 1Technical Analysis
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March 2, 2026 9 min read

Chart Patterns for the CMT Exam: Complete Visual Guide

Complete guide to chart patterns for CMT candidates — reversal patterns, continuation patterns, volume confirmation, and price targets.

Chart PatternsCMT Level 1CMT Level 2
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March 3, 2026 10 min read

Technical Indicators for the CMT Exam: RSI, MACD, Bollinger Bands & More

Complete breakdown of RSI, MACD, Bollinger Bands, stochastics, and all indicators tested on the CMT exam.

Technical IndicatorsRSIMACDCMT Level 1
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March 4, 2026 7 min read

Market Breadth Indicators for the CMT Exam

Master market breadth indicators for the CMT exam — A/D line, McClellan Oscillator, Arms Index, and more.

Market BreadthCMT Level 1CMT Level 2
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March 5, 2026 8 min read

Statistical Analysis for the CMT Exam: Distributions, Correlation & Regression

Complete guide to statistical analysis for CMT candidates — normal distributions, correlation, regression, and probability.

Statistical AnalysisCMT Level 1Quantitative Methods
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March 6, 2026 6 min read

Ethics & Professional Standards for the CMT Exam

Master the CMT Association Code of Ethics and Standards of Professional Conduct tested on all three CMT levels.

EthicsCMT Level 1Professional Standards
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March 7, 2026 8 min read

Fibonacci Analysis for the CMT Exam: Retracements, Extensions & Harmonics

Complete Fibonacci guide for CMT candidates — retracement levels, extensions, harmonic patterns, and time cycles.

FibonacciCMT Level 2Harmonic Patterns
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March 8, 2026 9 min read

Behavioral Finance for the CMT Exam: Biases, Prospect Theory & Anomalies

Complete behavioral finance guide for CMT Level 2 — cognitive biases, prospect theory, herd behavior, and market anomalies.

Behavioral FinanceCMT Level 2Market Psychology
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March 9, 2026 7 min read

Intermarket Analysis for the CMT Exam: Cross-Asset Relationships

Master intermarket analysis for CMT Level 2 — cross-asset correlations, relative strength, and the four asset classes.

Intermarket AnalysisCMT Level 2Asset Allocation
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March 10, 2026 9 min read

Risk Management for the CMT Exam: Position Sizing, Drawdowns & VaR

Complete risk management guide for CMT candidates — position sizing, drawdown analysis, stop losses, VaR, and portfolio heat.

Risk ManagementCMT Level 2Position Sizing
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March 11, 2026 8 min read

Volatility Analysis for the CMT Exam: VIX, ATR & Bollinger Bands

Complete volatility guide for CMT candidates — VIX, implied vs. historical volatility, ATR, Bollinger %b, and volatility regimes.

VolatilityVIXCMT Level 2
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March 12, 2026 9 min read

Portfolio Management for the CMT Exam: Asset Allocation & Performance

Master portfolio management for CMT Level 3 — asset allocation, rebalancing strategies, and performance attribution.

Portfolio ManagementCMT Level 3Asset Allocation
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March 13, 2026 8 min read

Elliott Wave Theory for the CMT Exam: Wave Counting & Rules

Complete Elliott Wave guide for CMT candidates — impulse waves, corrective waves, wave rules, and practical counting.

Elliott WaveCMT Level 1CMT Level 2
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March 14, 2026 8 min read

Candlestick Patterns for the CMT Exam: Complete Visual Guide

Master Japanese candlestick patterns for the CMT exam — reversal signals, continuation patterns, and reliability ratings.

Candlestick PatternsCMT Level 2Japanese Candlesticks
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March 15, 2026 7 min read

Moving Averages for the CMT Exam: SMA, EMA, Crossovers & Strategies

Complete moving averages guide for CMT candidates — SMA vs EMA, golden cross, death cross, and trading strategies.

Moving AveragesCMT Level 1Technical Indicators
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March 16, 2026 7 min read

CMT Level 1 Complete Study Guide: Topics, Tips & Strategy

The definitive CMT Level 1 study guide for 2026 — topic weights, study timeline, key concepts, and exam strategies.

CMT Level 1Study GuideExam Strategy
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March 17, 2026 8 min read

CMT Level 2 Complete Study Guide: Application & Analysis

The definitive CMT Level 2 study guide — advanced topics, study strategies, and the approach candidates use to pass.

CMT Level 2Study GuideExam Strategy
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March 18, 2026 8 min read

CMT Level 3 Complete Study Guide: Essay Mastery

The definitive CMT Level 3 study guide — essay format, scoring rubrics, integration strategies, and practice approaches.

CMT Level 3Study GuideEssay Format
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March 19, 2026 7 min read

15 Proven Study Tips to Pass the CMT Exam on Your First Attempt

15 proven study tips for CMT exam success — from active recall to time management, backed by candidate survey data.

Study TipsCMT ExamExam Strategy
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March 20, 2026 8 min read

CMT vs. CFA: Which Certification Is Right for You?

CMT vs CFA comparison — study hours, pass rates, costs, career outcomes, and which designation fits your career path.

CMT vs CFACareerCertification Comparison
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March 21, 2026 9 min read

Support & Resistance Levels for the CMT Exam: The Complete Guide

Complete guide to support and resistance for CMT candidates — identification, zone analysis, role reversal, and practical applications.

Support & ResistanceCMT Level 1Price Action
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March 21, 2026 10 min read

Trendlines & Trend Analysis for the CMT Exam: Drawing, Validation & Channels

Master trendline construction and trend analysis for the CMT exam — validation rules, channels, fan lines, and internal trendlines.

TrendlinesTrend AnalysisCMT Level 1CMT Level 2
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March 21, 2026 9 min read

Volume Analysis for the CMT Exam: OBV, VWAP, Accumulation/Distribution & More

Complete volume analysis guide for CMT candidates — On-Balance Volume, VWAP, Accumulation/Distribution, Chaikin Money Flow, and volume profile.

Volume AnalysisOBVVWAPCMT Level 1
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March 21, 2026 10 min read

Point & Figure Charting for the CMT Exam: Construction, Patterns & Price Targets

Complete Point & Figure charting guide — box size, reversal, construction, patterns, horizontal and vertical price counts.

Point & FigureCMT Level 2Advanced Charting
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March 21, 2026 8 min read

Relative Strength Analysis for the CMT Exam: RS Ratios, Rankings & Sector Rotation

Master comparative relative strength for the CMT exam — RS ratios, performance rankings, sector rotation, and Mansfield RS.

Relative StrengthRS AnalysisCMT Level 2Sector Analysis
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March 21, 2026 11 min read

The Wyckoff Method for the CMT Exam: Accumulation, Distribution & Market Phases

Complete Wyckoff Method guide for CMT candidates — accumulation/distribution schematics, composite operator, springs, and upthrusts.

Wyckoff MethodCMT Level 2CMT Level 3Market Structure
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March 21, 2026 9 min read

Gann Theory for the CMT Exam: Angles, Square of Nine & Time Cycles

Gann Theory guide for CMT candidates — Gann angles, Square of Nine, time/price squaring, and geometric analysis.

Gann TheoryCMT Level 2Classical AnalysisTime Cycles
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March 21, 2026 10 min read

Market Cycles & Seasonality for the CMT Exam: Kitchin, Juglar, Kondratieff & Calendar Effects

Complete market cycles guide — Kitchin, Juglar, Kondratieff waves, presidential cycle, seasonal patterns, and cycle analysis.

Market CyclesSeasonalityCMT Level 2Time Analysis
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March 21, 2026 9 min read

Sentiment Indicators for the CMT Exam: Put/Call Ratio, VIX, AAII Survey & More

Complete sentiment indicator guide — put/call ratio, VIX, AAII survey, Investors Intelligence, and contrarian analysis.

Sentiment IndicatorsContrarian AnalysisCMT Level 2VIX
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March 21, 2026 11 min read

Backtesting & Trading System Development for the CMT Exam

Complete backtesting guide — system development, in-sample/out-of-sample testing, overfitting, walk-forward optimization, and key metrics.

BacktestingTrading SystemsCMT Level 2Quantitative Methods
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March 21, 2026 10 min read

Position Sizing & Money Management for the CMT Exam

Complete position sizing guide — fixed fractional, percent risk, Kelly criterion, anti-martingale, and optimal f for CMT.

Position SizingMoney ManagementCMT Level 2Risk Management
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March 21, 2026 9 min read

Sector Rotation Analysis for the CMT Exam: Business Cycle, RS & Portfolio Applications

Complete sector rotation guide — business cycle rotation, relative strength rankings, defensive vs. cyclical sectors, and portfolio integration.

Sector RotationBusiness CycleCMT Level 2Portfolio Management
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March 21, 2026 10 min read

Options & Technical Analysis for the CMT Exam: Greeks, Implied Volatility & Strategies

Guide to options concepts for CMT candidates — Greeks, implied volatility, put/call ratio, options-based sentiment, and technical strategies.

OptionsImplied VolatilityCMT Level 2Greeks
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March 21, 2026 10 min read

Mean Reversion vs. Momentum Strategies for the CMT Exam

Complete guide to mean reversion and momentum strategies — statistical foundations, indicators, market regimes, and practical applications.

Mean ReversionMomentumCMT Level 2Trading Strategies
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March 21, 2026 10 min read

Breakout & Breakdown Trading for the CMT Exam: Identification, Confirmation & Execution

Complete breakout trading guide — types, volume confirmation, false breakout detection, measured moves, and practical execution.

Breakout TradingFalse BreakoutsCMT Level 1CMT Level 2
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March 21, 2026 9 min read

Multi-Timeframe Analysis for the CMT Exam: Top-Down Technical Framework

Complete multi-timeframe guide — top-down analysis, timeframe alignment, "triple screen" method, and practical applications.

Multi-TimeframeTop-Down AnalysisCMT Level 2Triple Screen
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March 21, 2026 10 min read

Algorithmic Trading & Quantitative Methods for the CMT Exam

Algorithmic trading guide for CMT candidates — systematic strategies, execution algorithms, machine learning, and the role of technical analysis.

Algorithmic TradingQuantitative MethodsCMT Level 2Machine Learning
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March 21, 2026 10 min read

Advanced Candlestick Formations for the CMT Exam: Multi-Candle Patterns & Context

Advanced candlestick guide — three-candle patterns, engulfing variations, harami cross, abandoned baby, and contextual analysis.

Candlestick PatternsAdvanced ChartingCMT Level 2Japanese Analysis
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March 21, 2026 10 min read

Market Microstructure for the CMT Exam: Order Flow, Liquidity & Price Discovery

Market microstructure guide — order flow, bid-ask spread, market depth, dark pools, and price discovery processes for CMT Level 2 and 3.

Market MicrostructureOrder FlowCMT Level 2Liquidity
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March 21, 2026 10 min read

Trading Psychology & Mental Discipline for the CMT Exam

Complete trading psychology guide — emotional biases, discipline frameworks, performance optimization, and exam application.

Trading PsychologyMental DisciplineCMT Level 2Behavioral Finance
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January 15, 2025 8 min read

The Complete CMT Exam Study Guide for 2025

Everything you need to know about the Chartered Market Technician exam — from registration to passing all three levels.

CMT ExamStudy GuideTechnical Analysis
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February 1, 2025 10 min read

Essential Technical Indicators Every CMT Candidate Must Know

A deep dive into RSI, MACD, Bollinger Bands, stochastics, and more — the indicators that appear most frequently on the CMT exam.

Technical IndicatorsRSIMACDCMT Level 1
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February 15, 2025 7 min read

Chart Patterns: The Complete Guide for CMT Candidates

Head & shoulders, double tops, triangles, flags — master the chart patterns that dominate CMT Level 1 and Level 2.

Chart PatternsTechnical AnalysisCMT Level 1
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March 1, 2025 6 min read

Dow Theory: The Foundation of Technical Analysis

Understanding Dow Theory is essential for CMT Level 1. Learn the six tenets and their modern applications.

Dow TheoryCMT Level 1Market Theory
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March 15, 2025 7 min read

Fibonacci Analysis for CMT Level 2: Retracements, Extensions & Harmonics

Master Fibonacci retracements, extensions, and harmonic patterns for the CMT Level 2 exam.

FibonacciCMT Level 2Harmonic Patterns
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April 1, 2025 8 min read

Behavioral Finance for CMT Level 2: Biases, Heuristics & Market Anomalies

Understand the behavioral finance concepts tested on the CMT Level 2 exam — from prospect theory to herd behavior.

Behavioral FinanceCMT Level 2Market Psychology
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