SUMMARY
The bear flags have been forming all day. The first fractal resulted in a decline that went beyond its starting point. The second bear flag seems about complete. Would a lower low be likely?
The symmetrical triangle pattern harbors the micro bear flags, as shown in below chart. Note how price bounced off the lower blue support line for the first bear flag. IF there is a decline, it is likely that price will bounce off the support line again.
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