Lesson / WY-03-13
A Selling Climax (SC) is a candidate event in the stopping process where concentrated supply meets substantial buying support. Its classic features include a surge in trading, expanding spreads, a rapid downward probe, and then a pronounced rally. The climax may occur in one bar or across several consecutive high-volume down bars with repeated recoveries from lows. Do not simply select the highest-volume bar on the chart.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
8 lessons · Chapter contents
01Phases and Events in the Accumulation Schematic↗02The Task of Phase A: Has the Decline Stopped?↗03Preliminary Support: PS↗04Selling Climax: SC↗05Automatic Rally: AR↗06Secondary Test: ST↗07Establishing and Revising Preliminary Range Boundaries↗08Nonstandard Phase A Structures↗Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
No matching captions.
Phase B: Tracking Supply and Demand Within the Range
Phase C: Springs and Supply Tests
