According to general wisdom, there are these few types of phases in terms of psychology in markets.
This gives the understanding of human behavior/psychology with regard to movements of markets.
Below are the so called phases and their brief explanation,
1. Optimism
2. Excitement
3. Thrill
4. Euphoria
5. Anxiety
6. Denial
7. Fear
8. Desperation
9. Panic
10. Capitulation
11. Despondency
12. Depression
13. Hope
14. Relief
15. Optimism
