hard · Volume Price Analysis

You observe three consecutive Equivolume boxes in a rising trend: Box 1 is tall and wide; Box 2 is tall and narrow; Box 3 is short and wide.

What is the most likely narrative for Box 3?

  1. The trend is accelerating as the lack of volume (narrow width) allows price to move easily.
  2. The market is in a 'No Supply' state, preparing for a further breakout higher.
  3. The insiders are distributing inventory into retail demand, causing a standoff where high effort produces a small price result.
  4. A 'Selling Climax' has just completed, and the insiders are now in the markdown phase.

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