5. Short selling by market specialists provides future demand potential to cover their short position. True False 6. Divergence between advances and declines in a breadth of the market indicator and the Dow Jones Industrial Average may signal a reversing trend in the market. True False 7. Mutual fund cash positions and trading by insiders are not generally reliable indicators of market health or activity. True False 8. Technical analysis assumes that many chart patterns tend to repeat themselves. True False 9. The Dow Theory puts emphasis on long run trends. True False 10. A support level signals new demand. True False
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