High - Close = Selling Pressure; Close - Low = Buying Pressure

The difference between the high and the close can be viewed as selling pressure because when prices reach the high price, buyers are unable to maintain sufficient buying pressure to keep prices that high all the way to the close. Therefore, sellers are able to come in and push prices down from the high to the close. The size difference between the high and close is important too. Were prices pushed down off the high a few cents or a few dollars? Similarly, the difference between the low and the close can be viewed as buying pressure because when prices reach the low price, sellers are unable to maintain sufficient selling pressure to keep prices that low all the way to the close. Therefore, buyers are able to come in and push prices upward from the low to the close. Again, the size difference between the low and the close signal the strength of the buying pressure at the lows. Is the difference a few pennies or a few dollars?