Key Point Review
                       A review of these  comparisons  and  observations  isbest done by looking at  some  charts,  but  first  let's  review  some  keypoints.
                       1.  Volume precedes price                       2  Increased volume with narrow  spread  on  downsideis strength and usually precedes a reversal.                       3. Decreased volume and narrow spread  on  upside  isweak and reversal can follow.                       4.  Breaking of  swing  point  trend  lines  on  goodvolume is significant while breaking TL on low volume is  not as important.                       5.  WRB breaking out of congestion  or  closing  overat least two previous closes with increase in volume  is  usually  a  strongindicator of change in direction.                       6.  Stock rallying on heavy volume from a higher  lowis bullish, especially if preceding low was on light volume.   This  happensoften at 1-2-3 bottoms which occur at significant swing point lows.                       7.  Closing above midpoint and in top  of  range  areboth bullish.  Below mid point and the bottom of the range is bearish.
                           Note:  Buys (Sells reversed) for all key points.                       8.  Stock closing above  last  five  closes  is  moresignificant because of time than above  prior  day.   The  same  applies  tohighs or lows if looking for shorts.                       9.  Higher lows on last few bars in  congestion  putsyou on alert for breakout of pattern to upside.  Lower highs alerts  you  topossible downside break.       10. Draw the swing point TL's and  draw  more  than  one  rising  or           declining TL from a common point which will give you a  stronger           buy or sell signal.