Session 2 of the RAINBOW treatment protocol focuses on providing psychoeducation about pediatric bipolar disorder to the child and family. The psychoeducation portion focuses on the incidence, prevalence, assessment, presentation, diagnosis, and course of pediatric bipolar disorder, given that most families enter treatment with either limited or inaccurate information about this complex diagnosis. The family’s thoughts and feelings related to psychotropic medication are also explored. In addition, the child and caregiver(s) are introduced to mood monitoring, which is a key component of RAINBOW treatment, and both the child and the parents are assigned to chart the child’s moods several times daily for the next week.