%% OK\ but he has already disclosed he is a new trader. Figure he means big volume candle[even though he spelled it ''vol''] So SPY on 8-3-23 has his ''small green candle, not much wick'' gap down daily [aka down window] in AUG, not many AUG buyers= good logic. SPY still down from 8-3-23 Some SPY moves are NOT based on logic; maybe HOOD panic buys or sellsLOL That's on open to close daily green candle; close to close its candle red 8-3-23. [I record open price candle, but close to close means more \by then all have voted] SPY has had some good down days{red on my charts} SH inverse profits= green candles[ small or not @ all ]wicks. INverse SPY =SH, mostly green candles this week,[AUG 13-17-23] not any size wicks; no wonder, SH mostly above 50dma\SPY mostly below 50dma. Daily volume average.
You've asked a very important question imo It a data point - lot's of activity..., with very little result (affect on price - at least for that one bar / candle) Knowing for every buy or sell - there is always sell or buy Also knowing big money is what really moves price Now..., put on your critical thinking cap - and think thru it / also keep observing RN
He cannot disclose as it's so sensitive to his edge otherwise being arbitraged away immediately. So fortunately for us we come away easy this time as only a general solution to the problem will suffice.
%% LOL, but a vey real possibility 1,000 + ways to make money, if colorblind use hollow candles or line charts . SPY benchmark still below 50dma\ SH above 50dma, as of last close + 10:27 CST. I tend to use purple or blue for 50dma, but that also, is NOT a prediction.