CFA® Level 1: Understanding Bearish Attitudes in Investment Advisory Services

Understanding Bearish Attitudes in Investment Advisory Services

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Question

Technicians often feel that a large proportion of investment advisory services with bearish attitudes is indicative of

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A. B. C. D.

C

Many technicians feel that investment advisory services tend to be trend followers, so that by the time most services are bearish, the bear market is nearing a trough, which will be followed by a new bull market.