medium · Volume Spread Analysis climaxes-tests-springs-upthrusts

A professional operator observes 'No Demand' in a market. Which bar characteristics best describe this Sign of Weakness?

  1. A wide-spread up-bar on high volume closing near the high.
  2. A narrow-spread down-bar on low volume closing near the high.
  3. A narrow-spread up-bar on volume lower than the prior two bars, closing in the lower third.
  4. An ultra-wide-spread up-bar on extreme volume closing in the middle.

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