easy · Volume Spread Analysis climaxes-tests-springs-upthrusts
If a 'Test' signal appears but the market fails to respond with an upward move within the next 2 to 3 bars, what has occurred?
- A 'Successful Test' because the price didn't fall further.
- The market is building a 'Weighted Move' to the upside.
- A 'Shake-out' that is taking longer than expected to resolve.
- A 'Negative Response' showing that background weakness is overriding the signal.
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