easy · Volume Spread Analysis supply-demand-smart-money

You are observing a down-bar that closes in the middle of its range on high volume. The previous bar was a wide-spread up-bar on high volume.

What does this two-bar sequence suggest?

  1. Accumulation by strong holders
  2. A successful test of the lows
  3. Supply Overcoming Demand
  4. No Selling Pressure

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