easy · Volume Spread Analysis climaxes-tests-springs-upthrusts
A beginner is learning the VSA term “upthrust.”
Which description best defines “upthrust” in this curriculum?
- a sharp downward range extension that quickly recovers and may be interpreted as testing or dislodging remaining supply
- potential exhaustion of urgent selling, often seen after a decline with extreme activity and a close well off the low
- potential exhaustion of urgent buying, often seen after an advance with extreme activity and failure to hold the high
- a move above resistance that fails and returns into the trading range, potentially testing demand
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