it is all about definition of bear. In my world, always using (disaster) stops, bear does not break all time high because my stop will be there.
Technical Analysis??? - head and shoulder, double top, double down, cup handle or whatever BS yoy call it
I haven't checked ES but TNA had a perfect DB, in the shape of a bear flag I've been seeing this on everything lately. Old style textbook bear flagz tend to be bottoming patterns, triangles break out then violently reverse, price pukes thru a channel then promptly explodes back up, MACD crossunder is a perfect buy signal, etc. It's almost as if large traders read a TA textbook and decided to fade everything, including HSR breakouts