Today's video is packed full of information and explains about the importance of analysing what stage of the phases you are in on each time frame. Understanding phase changes and overall trends is sometimes a little difficult to get your head around so Philip has concentrated on running through some stocks in different phases with their trends still intact. He has done this with clear annotations to help you visualise at what point these phases are occurring. In the video you will see that Philip does a market analysis on the SP-500 showing a clear trading channel allowing you to calculate where the best area for buying value is. People term buying value differently and this is due to the time frames that other people trade on. If you have any questions relating to the video please do not hesitate to make a comment in the section below.