Bearpennant trendlines busted; giving way to 1day chart bearflag

Well my bear pennant trendlines have now been busted and need to be readjusted....the trend we were being led on as valid as it seemed was not quite a 4hr chart pennant we know now, after neither break up or down generated the breakout a valid pattern would generate... it is instead upon slight readjustments and panning out a bearflag on th 1 day chart...a flag not a pennant....and it is still looking very valid....I realized something else slightly different had to be going on when the close of the last 4 hour candle didn't trigger a big bull impulse. so I tore down the trendlines and zoomed out to the 1 day chart to see that a rather big 1 day bear flag with about the same drop target was in deed playing out very well...so we are still in short mode until we can get over the 7250 mark....and it is still more probable that we will breakdownward from this 1day bear flag than we will break upward from it...meaning the double bottom is still in play. I'm showing the flag on the four hour chart here but you can see it easily without trendlines if you look at it from the day chart and it is playing out like most bear flags tend to play out. For now I remain short...you make your own decisions though as this is not financial advice. Thanks for reading!