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 sits right at a new all-time high.
- A selling climax creates so much demand that a genuine no-demand bar becomes mathematically impossible.
- The underlying professional commitment to higher prices outweighs a temporary lack of buying.
- The no-demand bar is most likely just a shake-out maneuver appearing here in a very clever disguise indeed.
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