The Bearish Flag pattern has been formed on #MA at M5. The lower boundary of the pattern is located at 520.97/527.93 while the upper boundary lies at 527.53/534.49. The projection of the flagpole is 1859 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 520.97 is broken, the price will move further downwards.