The book details how every stock moves through four distinct phases: Accumulation, Markup, Distribution, and Markdown.
To successfully trade multiple timeframes, you must know where a stock sits in its overall lifecycle. Shannon heavily emphasizes understanding the four market stages: Stage 1: Accumulation The book details how every stock moves through
To determine the current market cycle and intermediate trend. Intraday Charts (30m, 15m, 5m): The book details how every stock moves through