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Which of the following BEST characterizes the Theory of Contrary Opinion?

Which of the following BEST characterizes the Theory of Contrary Opinion?

A.

When virtually everyone takes the position that the market is headed in a certain direction, there is no one left to push the trend any further

B.

Always trade against the prevailing trend

C.

The future can be extrapolated based on present trends

D.

Fundamental analysis is always wrong

CMT Association CMT-Level-II Summary

  • Vendor: CMT Association
  • Product: CMT-Level-II
  • Update on: Jul 30, 2025
  • Questions: 262
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