Well I haven't seen SMART marketing slogans but I agree it's not pure 100% VSA. I understand what you're saying there
And I see where "supply coming in" comes from. My logic would be something like this (bar by bar):
We've broken through the range on increasing volume, good. Also we're getting into active sessions of the trading day.
Next bar, okay, there's some selling as it's on increased volume, closing in the lower middle, spread narrower than previous. Has to be selling there. Also an older top. Let's see what next bar does.
Okay, it closed on the highs, through resistance on lower volume. That's a bit suspicious because this was the supply area previously unless selling was absorbed.
Next I would consider a test but with the next bar down I'd be worried. Well what came next is obvious.
Anyway, that's my logic. I'm definitely not pure vsa
And I see where "supply coming in" comes from. My logic would be something like this (bar by bar):
We've broken through the range on increasing volume, good. Also we're getting into active sessions of the trading day.
Next bar, okay, there's some selling as it's on increased volume, closing in the lower middle, spread narrower than previous. Has to be selling there. Also an older top. Let's see what next bar does.
Okay, it closed on the highs, through resistance on lower volume. That's a bit suspicious because this was the supply area previously unless selling was absorbed.
Next I would consider a test but with the next bar down I'd be worried. Well what came next is obvious.
Anyway, that's my logic. I'm definitely not pure vsa