VSABar Definitionsv 2

If spread is at the bottom of the volume chart it m eans a low spread If spread starts at the bottom of the volume chart and reaches halfway it means a medium (average) spread If spread starts at the bottom of the volume chart and reaches the top it means a wide (large) spread If spread is at the top of the volume chart this means it applies to all spreads, close is still relevant though!! GREEN = UP BARS RED = DOWN BARS BLUE = UP or DOWN BARS NO DEMAND

Weakness B

Weakness

Weakness

NO SUPPLY

Strength

Weakness A

Weakness

TEST SUPPLY

UPTHRUST

P. UPTHRUST

Weakness

Weak Weakness!

Supply Available

Volume must be less than

Supply is swamping demand.

Found in early bottom

If the general movement is

 After downtrend and

Normally after wide range upbar (where the high of the wide range

 previous bars. A no demand

These bars are normally found

reversals, and also in uptrends

upwards on high volume, then

accumulation, there is a test

upbar would be much higher than the previous high) with high volume,

bar on its own does not

near resistance lines. On its

(indicating continuation of

this bar, it's a sign of

 for supply – done by rapidly

into new high territory. High volume upthrust is a sure sign of

marking down the price

weakness – the higher the volume, the stronger the indication. The

indicate an immediate

own, does not indicate great

trend), at bottom reversal,

weakness. This downbar

reversal – does the

weakness – wait for next bars

indicates no supply (strength),

volume should be higher than

background indicate

especially before or after test

 previous two bars

weakness? 

bars. During up moves, could

If close is towards the middle, the markdown was not successful. If the

If the background does not show weakness, it does not

indicate non participation by SM

next bar is a downbar, closing near bottom, the weakness has set in and the trend is reversing...

wider the spread, the more potent the upthrust  The lower the close, the stronger the indication of weakness

indicate a reversal, just lack of

...if the volume is high, time to sell – if the volume is low, it might we

 participation – wait and see

worth waiting for the next bar  If the next bar is a downbar, with low volume, closing near top, wait  for the next bar  If the next bar is an upbar, closing near top, the weakness is negated   An upthrust with lowvolume is a pseudo upthrust – not so effective, but still a sign of weakness

EFFORT TO GO UP

R. UPTHRUST

STOPPING VOL

TEST SUPPLY

Stren gth A

Weakness

Strength

Strength

No Supply (Strength)

Strength in a

 After accumulation is over,

I N C R

with low going into new low,

The SM (Smart Money) is

 After downtrend and

 Any high volume,wide range

effort is required to start

 Almost immediate trend

absorbing stock. This alerts to

accumulation, there is a test

upbar in a downtrend

markup. ...an ideal effort to

reverse, although it is rare,

an impending reversal, but

 for supply – done by rapidly

indicates strength

move up bar opens near the

and found rarely near

isn't neccesarily the lowest

marking down the price. It

bottom and closes near the

bottoms

 point.

dips down to a previous high

top. If succeeds, rise will occur

volume area, but closes

– failure (weakness) is

towards to top on low volume.

indicated by the next bar

On its own doesn't mean

being a high volume bar

much but if there has been

closing near bottom Most often, moves down or

stopping volume previously gives it added strength.

sideways after failure – wait  for next effort