If you are referring to the rally off last Friday’s low as the bear flag, I would say it is a bit too large in relation to the flagpole to qualify as a bear flag although there is, or I should say was, a trendline off Friday’s low that has since been broken. However, that could effectively and so far has, cause the same net effect: A sharp move down, followed by a period of upward consolidation then followed by a breakdown below the uptrend line during that kickback rally to trigger the next wave of selling. Bear flag or not, so far the selling since that trendline broke yesterday has been fairly impulsive.

Yes, thanks for pointing that out. I hadn’t seen your comment until now. I just replaced it with the correct video which essentially covered most of what I have covered in the previous video + chart screenshots posted earlier today.

@rsotc do we have a Bear Flag pattern on NQ Daily?

https://youtu.be/9xo9CQL162o

Seems that way. Perhaps Randy posted the wrong video.