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

What does 'Professional Support' (also known as a Reverse Up-thrust) look like on a price chart?

  1. A series of higher highs and higher lows on declining volume.
  2. A narrow-spread up-bar on low volume during a bull market.
  3. A wide-spread down-bar that closes on its high on high volume during a decline.
  4. A gap-up that follows a buying climax at a major market top.

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