easy · Volume Spread Analysis climaxes-tests-springs-upthrusts
A down-bar occurs on ultra-high volume after a long decline, but price finishes in the upper third of the range.
What is the most likely diagnosis?
- A continuation of the bearish trend due to the low close
- A lack of interest from both buyers and sellers
- Panic selling that will drive prices much lower
- Stopping volume or professional absorption of selling
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