medium · Volume Spread Analysis climaxes-tests-springs-upthrusts
A 'Hidden Upthrust' occurs on what appears to be a down-bar.
What specific price action feature distinguishes this as a sign of weakness?
- The spread is narrow and the volume is lower than the previous two bars, indicating a successful test.
- The bar gaps down but recovers to close near the high, which is a 'Shake-out'.
- The close is lower than the previous close on very low volume, showing 'No Demand'.
- The high of the bar is higher than the high of the previous bar, showing an attempted rally that was rejected.
Sign up free to see the explanation and track your rank →
More Volume Spread Analysis climaxes-tests-springs-upthrusts practice
- While observing a downtrend, you see a bar that dips into fr… — What does this indicate to
- A 'Failed Test' is identified when a price probe into a prio… — What does this signal to t
- What happens during a 'Shake-Out' (SOS 34) in a market that has been in a long accumulatio
- A stock has been in a markdown phase for weeks. Suddenly, a… — What is this sequence?
- What is the professional purpose of an 'Upthrust' (SOW 2) - a wide-spread move up that col
- What VSA signal has occurred?
- A practitioner sees a 'Hidden Upthrust' on a chart. Which of the following best describes
- Which bar pattern provides the best 're-entry' opportunity during a temporary pullback in