hard · Volume Profile Analysis auction-market-theory

What is the primary difference between a 'Buying Tail' and a 'Poor Low' in terms of auction completion?

  1. A Buying Tail represents a completed auction with clear rejection, while a Poor Low represents an incomplete auction.
  2. A Buying Tail signals short-lived retail panic at the lows, whereas a Poor Low reliably marks deep institutional accumulation.
  3. There is no real structural difference between them; both simply indicate the market has located a temporary bottom for now.
  4. Buying Tails occur only on directional 'Trend Days', while Poor Lows are confined strictly to balanced 'Normal Days'.

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