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 into rising volume, because heavy participation on the pullback confirms that strong hands are still absorbing the float at lower prices
3. A second penetration of the trading-range low that closes back inside on equal volume, because a Spring is only valid once price has cleared the prior support twice in succession
4. A Jump Across the Creek on expanding volume occurring before the LPS forms, because the breakout must precede any test for the Spring to retain its predictive value

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