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Old 04-03-2008, 08:55 PM
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Re: [VSA] Volume Spread Analysis Part II

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Eiger-
Chart on Post #812
Ok are you talking about the 10th bar in from right? If that is the bar I think is "M" I see a TEST that closes in the middle of the bar- which IS an indication of higher prices to come, and yes I would have gone long as well.

Sledge
You are right, it is a Test, not No Demand - my mis-speak. I thought it was a good buy location, too, as there was a small spring and we were trading at the Demand Line. I was just wondering if anyone saw anything that would have indicated that there was supply in the market that I didn't see.

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