So what are the thoughts on Fridays action VSA wise?
Good volume closing up in the middle of the bar.
My guess and looking for opinions is,
I think its good the price was gapped up on thursday and then small gains on Friday, (Though potentially small spred)??. Im expecting it to rest and then test supply a few days next week, If no supply then another move nth in the not to distant future.
If supply is present then maybe some more accumulation.
Questions.
Im not using any software so how do you determine spread size. It could appear that the spread on friday was small on high volume. That is bad?? Or was that spread 8.1 to 8.3 ok??? or even great or good??
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So what are the thoughts on Fridays action VSA wise?Good volume...
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