medium · Volume Price Analysis climactic

A Hanging Man forms on ultra-high volume, and the following candle is a narrow-spread up candle on even higher volume.

What is the most critical VPA takeaway?

  1. The trend is accelerating upward since demand clearly outstrips available supply.
  2. Enormous distribution is occurring as buyers are absorbed by institutional selling.
  3. The market is technically oversold here and is due for a short-term bounce.
  4. The insiders are simply stop-hunting weak longs before continuing the bullish move higher.

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