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Work through the evidence. Learn the decision.
Three free lessons per level. Each teaches a worked scenario, the limits of the evidence, and a checkpoint you can reason through before returning to your questions.
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Learn a concept. Test the decision.
Original worked examples, a checkpoint to think through, and a rule you can apply to your practice questions. Free to watch, with captions and transcripts.
When Is a Dow Theory Breakout Confirmed?
Explain confirmation between the two Dow averages and identify what would invalidate a bullish interpretation.
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Explore premium study toolsThe CMT exam in three levels
A short, syllabus-aligned introduction to the 2026 exam: foundations at Level I, application at Level II, and integrated decisions at Level III.
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The domain weights and topic areas in this video were checked against the CMT Association's 2026 Program Guide. PassCMT is an independent exam preparation resource.