hard · Volume Spread Analysis effort-vs-result-spread

In Bearish Sequence 7, you see a 'Reversal After Effort to Rise' followed by an 'Up-Thrust.'

If the final signal is 'No Demand,' but the bar has a wide spread and closes on its high, what does this indicate?

  1. The signal is invalid because 'No Demand' must have a narrow spread
  2. The short entry is now stronger given the extra effort shown
  3. This is a 'Hidden Up-Thrust' bar, so it should be shorted immediately here
  4. The sequence has now transitioned into a full-blown 'Buying Climax' event

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