easy · Volume Spread Analysis wyckoff-phases-schematics

A stock at new highs produces an up-bar with a spread of 4.00 on ultra-high volume, closing near the top. The next bar is a down-bar with a spread of 5.00, closing on its low.

This bearish two-bar reversal is a primary sign of what phase?

  1. Mark-Up
  2. Accumulation
  3. A successful test of supply
  4. Distribution

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