hard · Volume Spread Analysis wyckoff-phases-schematics

On the LPS reaction, a strict Wyckoff analyst examining the Spring's own behavior would FIRST require which confirmation before trusting the structure — and why is that confirmation decisive?

1. A successful Test of the Spring on diminished volume and a narrowing spread that holds above the Spring's low, because it proves the supply that produced the shakeout has been exhausted rather than merely paused
2. A widening down-spread on the LPS reaction accompanied by rising volume, because heavy participation on the pullback is read as confirmation that strong hands are still absorbing float at these lower prices
3. A second penetration of the trading-range low that closes back inside on equal volume, because a Spring is treated as valid only once support has been cleared twice in succession before any rally can begin
4. A Jump Across the Creek on expanding volume occurring before the LPS forms, because the breakout is assumed to need to precede any test of the Spring for the whole pattern to retain its predictive value going forward

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