Market Psychology Diagrams by Nigam Arora

While organizing some desktop files just now, I came across two screen caps from Nigam Arora's website, The Arora Report, detailing his perception of the five phases of market psychology on the long and short sides.  Nigam is a sometimes Twitterer using the handle @TheAroraReport, but when he posts his moves, it's worth the time to take have a look.

Disclosure.  Through the above linked website Mr. Arora sells services, none of which I have used, nor is this post intended to promulgate the efficacy or quality of his products.  It's all about the pretty pictures, baby.