hard · Volume Spread Analysis supply-demand-smart-money
An index is trading within a four-week distribution range. Price pushes above the upper resistance line on a wide spread with high volume, but immediately reverses to close near the low, back within the range. The following bar opens lower and closes on its low with expanding volume.
Which market maneuver was just completed?
- Absorption volume overcoming the supply from locked-in traders.
- A genuine breakout that is undergoing a normal test of the breakout level.
- A shake-out designed to remove weak holders before a sustained mark-up.
- An Up-Thrust After Distribution (UTAD).
Sign up free to see the explanation and track your rank →
More Volume Spread Analysis supply-demand-smart-money practice
- The S&P $500 index drops 5% over a week. During this same pe… — What is this 'relative str
- A 'No Demand' bar is identified by a narrow spread up-bar wi… — Why does this signal often
- Very bad news breaks for a major retail stock. Instead of th… — What is the likely objecti
- When observing a 15-minute chart of a stock traded in London… — Why might a VSA practition
- Why is the classification of 'Relative Volume' more important than 'Absolute Volume' when
- Which of the following describes the behavior of 'Strong Holders'?
- In the context of 'Smoke-Filled Room Syndrome,' why do multiple professional operators oft
- Why are professional probes and 'stop-hunts' most frequently observed during the early mor