easy · Volume Spread Analysis climaxes-tests-springs-upthrusts
After strength, price revisits a former low on narrower spread and much lower volume, then closes off the low.
Which cautious VSA reading best fits this “test of supply” example?
- The bar suggests little supply came forward, but it is meaningful only with supportive background and later demand.
- The sequence may qualify as a UTAD, but the label depends on prior distribution evidence and subsequent weakness.
- The bar may be a selling climax or stopping action; a rally and successful test would strengthen that reading.
- The revisit may be a successful test of supply; renewed heavy selling would contradict that reading.
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