Hidden Upthrust
Volume Spread Analysis glossary · Climaxes, Tests, Springs & Upthrusts
Definition
A bar that appears to be an ordinary down-bar—its close is below the prior close—but whose high exceeds the previous bar's high. The bar reached up into new territory during the session but was rejected and closed below the prior close, hiding the up-thrust character behind a down-bar appearance. Combined with weakness in the background, it is a short signal of the same significance as a standard up-thrust; its hidden nature gives a practitioner who spots it an edge over those who miss it.
Hidden Upthrust in plain English
A hidden up-thrust is the same trap as a normal up-thrust, just wearing a disguise. On the surface the bar looks like a plain down-bar—it closes below where the last bar closed, so most people ignore it—but its high actually poked ABOVE the previous bar's high before getting slapped back down. That rejection of higher prices is the same warning sign as a regular up-thrust, only camouflaged inside a down-bar's costume. Because most traders miss it, spotting it gives you an early read that a fall may be coming while others are still asleep.
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