A technical indicator that prescribes actions opposing those of the marketplace is a(n) _____ indicator.
A) opposing trend
B) Keynesian
C) macroeconomic
D) contrary opinion

Question

Quizplus · Accepted Answer

A contrary opinion indicator is designed to signal actions that are opposite to the prevailing market sentiment. This is based on the contrarian investing strategy, which involves going against prevailing market trends on the belief that crowds are often wrong at market extremes.

A Technical Indicator That Prescribes Actions Opposing Those of the Marketplace