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You Recently Heard a News Announcer State That the Market

Question 57

Multiple Choice

You recently heard a news announcer state that the market is approaching its support level. Which one of the following is the best interpretation of that statement?


A) The market is approaching the lowest level that it is reasonably expected to reach.
B) The federal government will step in to help the market retain its value should the market slip much further.
C) The market is almost at a peak and is expected to start declining in the near future.
D) The market is almost to the point where trading will be suspended temporarily.
E) The market is almost equivalent in value to the international markets so price stabilization is expected.

Correct Answer:

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