BOREARIS

S&P 500 Bear flag 15 min

S&P 500 15 minConfirmed Oct 23, 20:15 UTC+8
BaseLowBounceConfirmedClosedInvalid 7,657.6Confirm 7,644.1Target 1 7,638.5Target 7,632.97,626.5━ MA20 + Bollinger Bands ━ MA50 15 min70503033.13━ RSI ━ 9MA0-8.39━ MACD ━ MACD Signal10/23 14:1510/23 15:4510/23 17:1510/23 18:4510/23 20:15
BaseLowBounceConfirmedClosedInvalid7,657.6Confirm7,644.1Target1 7,638.5Target7,632.97,626.5━ MA20 ━ MA5070503033.13━ RSI ━ 9MA0-8.39━ MACD ━ MACD Signal23 15:3023 18:0023 20:30

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bear flag: Target hit

Target7,632.9
First target7,638.5
Confirmation7,644.1
Invalid at7,657.6
Move+0.10%

Timeframe15 min
ConfirmedOct 23, 20:15
ClosedOct 23, 20:45
Duration0.8 h
Reward / risk0.83

What this tells you

A sharp drop followed by a small bounce; a break below the consolidation usually means the downtrend resumes.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Pole baseOct 23, 16:157,678.6
Pole bottomOct 23, 18:457,644.6
Bounce highOct 23, 19:457,656.2
ConfirmationOct 23, 20:157,644.1

Recently closed Bear flag patterns: 25 in total, 17 reached the target first (68%), 8 were invalidated and 0 expired. Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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