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

Which volume pattern most accurately identifies 'No Selling Pressure' during a temporary reaction in an uptrend?

  1. Extremely low volume on an up-bar that still fails to reach a new high above the prior swing high.
  2. A wide-spread down-bar on very heavy volume that nonetheless still closes right on the highs of the bar.
  3. A narrow-spread down-bar on volume lower than the previous two bars, closing in the upper half of the range.
  4. Rising volume across consecutive down-bars, even as their price spreads keep on narrowing further and further still.

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