easy · Volume Price Analysis validation

A 'Spring' occurs when the price pushes below a support level during the session but closes back above it.

If this happens on high volume, what is the VPA interpretation?

  1. Insiders have cleared out 'weak' holders and triggered stop-losses to collect inventory.
  2. This is a bearish 'trap up' move occurring right at a well-defined resistance level.
  3. The support level has now officially failed, confirming a markdown trend has begun.
  4. The market is in a truly neutral standoff and will likely just drift sideways for an extended period.

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