Here is my thinking on the matter.
There are enough bear flags on many charts that the issue is whether they are too good to be true for shorts. I believe there are quite a few shorts who are too cautious to be aggressive bears here, fearing they will trap themselves. Thus, one scenario that I am seriously considering is that we actually start to roll over for a few days and see shorts scramble into those bear flags proving true. At that point, we make a higher low on the S&P and then stabilize and turn higher. Since the market will usually do that which frustrates the majority, I think this scenario will frustrate those who have committed substantial capital looking for a market bottom as well as those bears looking for confirmation of bear flags in order to short. Here is what it would look like.