The Transition Timeline
The Transition Timeline on the Structure Analysis page shows the asset's regime, period by period. Long flat stretches mean a stable regime; frequent steps mean the market has not settled.
Regime Transition across the market
On the Intelligence page, Regime Transition shows how the market's dominant regime changed over time. A shift across the whole market is useful context when you read individual assets.
State Probabilities
State Probabilities shows the relative likelihood the engine assigns to each next state. One clearly dominant bar means the engine expects continuity; several bars of similar size mean the next move is open.
Watch for the second-largest bar growing over several periods. A rising probability of Distributing while price still looks strong is the kind of shift this card makes visible.
Putting transitions to work
Combine the three: the timeline tells you how stable the regime has been, the market-wide transition tells you whether the backdrop is shifting, and the probabilities show which state the engine weighs highest next.