volume spread analysis (vsa)

Volume spread analysis (VSA): A bar-reading approach derived from Wyckoff that judges supply and demand from each bar's volume, spread (high minus low) and close location.

Popularised by Tom Williams. Named conditions include no demand, no supply, stopping volume, upthrusts, tests and climactic volume.

related

No demand · No supply · Stopping volume

Part of the glossary. See also the Wyckoff method.