CMT Level II study plan

Map the official CMT Level II topic outline into a personal checklist and tag each line item as trend, pattern, momentum, volume/flow, intermarket, sentiment, or system/risk

Build a trend-identification worksheet and classify 20 real price charts as uptrend, downtrend, or range using swing highs/lows and moving-average structure

Define, in writing, the difference between reaction highs/lows, internal and external trendlines, and channel lines, with one annotated example each

Compute and interpret a 50-day and 200-day simple and exponential moving average on the same series and explain crossover and slope signals

Identify and sketch the ten highest-frequency continuation and reversal patterns with entry, invalidation, and measured-move rules for each

Distinguish classical chart patterns from statistical pattern-recognition results and note where base rates weaken

Apply Fibonacci retracement and extension levels to five swing sequences and record which levels price respected

Test pattern reliability by tabulating 15 historical examples and reporting hit rate, average move, and failure mode

Explain the construction and interpretation of RSI, stochastic, MACD, and rate-of-change, including divergence and overbought/oversold failure

Compare momentum readings across multiple timeframes on the same instrument and document where they conflict

Compute Bollinger Bands and Average True Range, and state how volatility regime changes alter stop placement and position sizing

Describe how volume, open interest, and breadth statistics confirm or contradict a price move

Assemble a complete written analysis of one equity index covering trend, pattern, momentum, volume, and sentiment

State an explicit directional view with entry, stop, target, and time horizon, and pre-commit to what would invalidate it

Critique a peer-style analysis for hindsight bias, unsupported claims, and missing risk parameters

Reconcile conflicting signals and articulate which evidence you weight most and why

Explain intermarket relationships among equities, bonds, commodities, and the dollar, and identify conditions under which correlations break down

Interpret yield-curve shape, credit spreads, and relative-strength ratios as confirmation or warning signals

Analyze sector rotation using relative-strength lines and map findings to a business-cycle framework

Build a relative-strength matrix for 10 sectors against a benchmark and flag the three strongest and three weakest

Describe sentiment measures including put/call ratios, implied volatility, survey data, and positioning reports, and note each one's limitations

Explain behavioral biases such as anchoring, recency, and loss aversion and identify how each distorts technical interpretation

Combine one sentiment gauge with one price-based signal into a rule and backtest it informally over a defined sample

Critique the efficient-market and behavioral critiques of technical analysis and state a defensible position

Define a trading system with explicit entry, exit, sizing, and risk rules, and document assumptions

Compute expectancy, win rate, profit factor, maximum drawdown, and Sharpe ratio from a sample trade log

Explain position sizing methods and the effect of volatility scaling on drawdown and return

Run a walk-forward or out-of-sample check and identify signs of curve fitting

Consolidate all prior deliverables into a single indexed reference binder organized by outline topic

Take two full-length timed practice sets and log every error by topic and error type

Re-teach the five weakest topics aloud or in writing without notes

Finalize a one-page exam-day checklist covering time allocation, calculation shortcuts, and common traps