How to Analyze Bear Flag Chart Pattern
This bear flag stock indices chart pattern is found in a Indices downward trend.
The bear flag stock indices chart pattern is a trend continuation pattern where the stock indices price retraces slightly with a narrow stock indices price action that has a slight upward sloping tilt.
The technical sell point is when the stock indices price penetrates the lower line of the inverted bear flag stock indices trading chart pattern.
The flag portion of this stock indices chart pattern has highs and lows which can be connected by small lines that are parallel, giving it what looks like a small channel.
How to Analyze Bear Flag Chart Pattern
The bear flag stock indices chart pattern above was just a resting period for the stock indices trading market prior to more selling. The continuation stock indices signal was completed as the lower line of this pattern was broken to the down-side.