: Reveals the final outcome of the battle between buyers and sellers for that specific period. The Four Market Phases

| Question | Low Volume Answer | High Volume Answer | | :--- | :--- | :--- | | | "No Demand" (Bearish) | "Buying Climax" (Caution/Bearish reversal) | | Down Bar? | "No Supply" (Bullish) | "Selling Climax" (Bullish reversal imminent) |

: The position where a bar closes (e.g., near the high, middle, or low) reveals who won the battle between buyers and sellers. ThinkCapital Key Trading Signals Traders look for validation (price and volume move together) or divergence

: Represents the amount of activity. High volume indicates institutional participation, while low volume suggests a lack of professional interest.