medium · Volume Spread Analysis climaxes-tests-springs-upthrusts
In the 'Analogy of the Skiier,' how is 'Stopping Volume' described in relation to the start of a markup?
- Like a skier losing their balance; the high volume represents the 'crash' that ensures the market will never recover.
- Like a skier jumping off a ramp; the high volume is the 'lift' that carries the price immediately into new highs.
- Like a skier entering a flat cross-country section where volume is irrelevant to their speed.
- Like a downhill skier coming to a halt; they are standing still and catching their breath, but not yet moving back uphill.
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