medium · Volume Spread Analysis climaxes-tests-springs-upthrusts
A stock has been in a steady decline for two weeks. On Monday, it produces a wide-spread down-bar on ultra-high volume, but the close is in the upper third of the range (CP > 67%). On Tuesday, the market opens and closes higher than Monday's close.
How should a practitioner interpret this sequence?
- Stopping Volume
- No Demand
- Selling Pressure
- Falling Pressure
Sign up free to see the explanation and track your rank →
More Volume Spread Analysis climaxes-tests-springs-upthrusts practice
- While observing a downtrend, you see a bar that dips into fr… — What does this indicate to
- A 'Failed Test' is identified when a price probe into a prio… — What does this signal to t
- What happens during a 'Shake-Out' (SOS 34) in a market that has been in a long accumulatio
- A stock has been in a markdown phase for weeks. Suddenly, a… — What is this sequence?
- What is the professional purpose of an 'Upthrust' (SOW 2) - a wide-spread move up that col
- What VSA signal has occurred?
- A practitioner sees a 'Hidden Upthrust' on a chart. Which of the following best describes
- Which bar pattern provides the best 're-entry' opportunity during a temporary pullback in