The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that insurgence among the bulls may be imminent. They may change their positions and start selling soon. In fact, there is not much appetite for confirming bearish patterns.
Currently, the bears are very strong and the money is flowing in one direction only, out of the market. You also have to know that the money invested in the shares is getting more and more impatient for an exit!