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Bear Flag for FNGU 3x etf (updated) - 23% downside possible

MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038 (AMEX:FNGU)  
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AMEX:FNGU   MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038
Chart Patterns Technical Indicators FNGU FANG fangstocks TQQQ
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chartpattern indicator fngu fang fangstocks tqqq
It's shaping up to be a bear flag.

If right, we could see 23% downside, with a price target around mid $22.
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