hard · Volume Spread Analysis effort-vs-result-spread
A stock is in a Mark-Up phase. You see a low-volume down-bar closing on its high (CP = 90%) that dips below the previous bar's low.
What is the classification and trade implication?
- Selling Pressure ; professionals are aggressively driving the price lower.
- End of a Rising Market ; it is a signal to exit all long positions.
- No Demand ; the rally has run out of steam and a reversal is coming.
- Test in a Rising Market ; it is a high-probability re-entry or add-to-position point.
Sign up free to see the explanation and track your rank →
More Volume Spread Analysis effort-vs-result-spread practice
- An equity averages a daily volume of 1,000,000 shares. Today… — How should this volume lev
- An equity is in a steady uptrend. Today, it produces an up-b… — What is the most likely pr
- What exactly is being 'Tested'?
- Which of the following describes 'Falling Pressure'? (SOW 3.7)
- During a market rally, a market-maker expects still higher p… — What does this indicate?
- A stock has been trading in a range between $40 and $45 for… — How would a practitioner ca
- A stock is rising on wide spreads and high volume. Suddenly… — What principle describes th
- An index has been rising steadily for three weeks. Today, th… — How should this activity b