4. Fill in the blank. No supply followed by a high volume upbar confirms further.....................
5. Fill in the blank. During an ‘End of a Rising Market’ the market is capped by .....................
6. What VSA action is this? A false breakdown of support in a trading range to mislead into shorts, catch stops and trap bears before a fast reversal upwards. Occurs also in an uptrend.
7. What VSA action is this? An upthust which appears on two bars and is a powerful sign of weakness. The specialists have trapped buyers and triggered stop losses as they mark prices down.
5. Fill in the blank. During an ‘End of a Rising Market’ the market is capped by .....................
6. What VSA action is this? A false breakdown of support in a trading range to mislead into shorts, catch stops and trap bears before a fast reversal upwards. Occurs also in an uptrend.
7. What VSA action is this? An upthust which appears on two bars and is a powerful sign of weakness. The specialists have trapped buyers and triggered stop losses as they mark prices down.
Tracking the Specialists.