medium · Volume Spread Analysis supply-demand-smart-money
A practitioner sees an 'Upthrust' on a chart, but the background shows a 'Selling Climax' and three 'Successful Tests' over the prior 20 bars.
How should this upthrust be prioritized?
- The upthrust confirms the tests have failed outright and the market is entering a fresh mark-down phase.
- The mix of strength and weakness signals a 'Trend Cluster,' where price simply drifts sideways indefinitely.
- The upthrust overrides the background purely because it is the most recent signal, indicating an immediate reversal.
- The upthrust is likely a 'minor sign of weakness' that will be tested and absorbed by the dominant background strength.
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