Sept 15

Action still does not look imminently bearish to me. The fact that there is so much focus on the bear flag and that a large number of people seem to be talking about it (including normally non-TA types) makes it seem like a big fakeout, at least to me.

However, if it breaks down, then it does and I will trade it accordingly per my trend system. But something tells me the break will not be in the expected direction.