medium · Volume Spread Analysis climaxes-tests-springs-upthrusts
Why is a 'no demand' bar less significant if it occurs in a background of extreme strength (such as following a selling climax and successful tests)?
- No demand is only a bearish signal when the market is at a new all-time high.
- A selling climax creates so much demand that 'no demand' is mathematically impossible.
- The underlying professional commitment to higher prices outweighs a temporary lack of buying.
- The 'no demand' bar is likely a 'shake-out' in disguise.
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