medium · Volume Spread Analysis climaxes-tests-springs-upthrusts
What is the specific meaning of a 'Negative Response' to a successful test signal?
- The market immediately breaks down to new lows on high volume on the very next bar after the test.
- The market fails to move higher within 1 to 3 bars, indicating the professional operators are still bearish.
- The next bar following the test is an up-bar, but it trades on noticeably lower volume than the test bar itself.
- The test bar closes in the lower half of its own range despite the volume being conspicuously low.
Sign up free to see the explanation and track your rank →
More Volume Spread Analysis climaxes-tests-springs-upthrusts practice
- What is the professional purpose of an 'Upthrust' - a wide-spread move up that collapses t
- A 'Failed Test' is identified when a price probe into a prio… — What does this signal to t
- A stock has been in a markdown phase for weeks. Suddenly, a… — What is this sequence?
- While observing a downtrend, you see a bar that dips into fr… — What does this indicate to
- What happens during a 'Shake-Out' in a market that has been in a long accumulation phase?
- What VSA signal has occurred?
- What third signal is required to complete Bearish Sequence 3?
- A practitioner sees a 'Hidden Upthrust' on a chart. Which of the following best describes