Prices transition between trends in phases. And knowing what phase you are in can help you manage your emotions. It works like this… Down Trend — Emotion Bar — Accumulation — Base — Break out — Up Trend — Emotion Bar — Distribution — Break down — And the cycle begins again. All hidden in plain sight. Conventional market dogma says markets are essentially random because they are efficient. But they don’t factor-in the math of emotions and assume market participants act rationally at all times. They don’t.