easy · 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 who loses balance and crashes hard on the slope; the resulting volume means the market will never recover from the fall.
- Like a skier off a ramp; the high volume 'lift' propels the price immediately into new highs with virtually no pause.
- Like a skier gliding across a flat, level cross-country stretch, where volume readings are irrelevant to their forward 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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