Multiplayer Icon Question

Hello everyone! I have a question that I’m sure has been answered many times, but I don’t really know how to search for it. There’s an icon on the ranked match loading screen that displays both players’ BP and PP that looks like a tape reel or something similar. From what I remember, it’s sometimes different colors and sometimes spinning and sometimes just gray and not moving at all. Now, for the question:
WTMF is it and what does it mean!?!?!?!?

It goes from gray to green to yellow to red as you win matches. When both players’ reels are red, the winner has the option to upload a replay of that match.

it is explained in the game manual, has to do with uploading replays

Thanks, guys! And, jasinedward, you were right, it’s explained on pg 24 of the manual (SSF4 edition). Just got two tonight when I usually NEVER get them. Thanks again!