90. The technician who was first person to cover indicators such as on-balance v
ID: 2806447 • Letter: 9
Question
90. The technician who was first person to cover indicators such as on-balance volume, the 200-day moving average, and the Barron's Confidence Index was: A) Charles Henry Dow B) Colonel Leonard P. Ayers C) Richard W. Schabacker D) Joseph Granville 91. Intermarket analysis is based on the notion that a. market movements are random and unpredictable b. markets are interrelated and follow certain patterns c. soft assets are affected by inflation, but hard assets are not d. hard assets are affected by inflation, but soft assets are notExplanation / Answer
90)
The correct answer is option D, Joseph Granville. He was the first person to cover indicators such as on-balance volume, the 200-day moving average, and the Barron's Confidence Index.
91)
Intermarket analysis is conducting using the correlation of stock price in the different market. This correlation between markets will create an interrelationship and pattern on stock prices. Therefore, an intermarket analysis is based on the interrelationship of markets and its patterns.
Hence, the correct answer is option B, where markets are interrelated and follow certain patterns.
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