Which of the following indexes is the broadest measure of the market?

A. Value Line Index

B. New York Stock Exchange Composite Index

C. Wilshire Index

D. Standard and Poor's Composite Index

Answer: C. Wilshire Index

Which index is the narrowest measure of the market?

A. Wilshire Index

B. Value Line Index

C. NYSE Composite Index

D. Dow Jones Industrial Average

Answer: D. Dow Jones Industrial Average

Based on the information presented for both days, a technical analyst would conclude that the market:

A. is in a consolidation phase

B. breadth indicates a strong bullish trend

C. breadth indicates a strong bearish trend

D. is peaking and will soon enter a downturn

Answer: C. breadth indicates a strong bearish trend

The largest component of the Standard and Poor's 500 Average is the:

A. utilities

B. technology

C. consumer staples

D. industrials

Answer: B. Technology