The Bearish Elder Ray is a technical analysis indicator used in financial markets to assess the strength of a downward trend. It consists of two components: the Bearish Power and the Elder Ray Index. The Bearish Power measures the selling pressure, while the Elder Ray Index helps traders identify potential entry and exit points during bearish market conditions. Traders often use the Bearish Elder Ray in conjunction with other indicators to confirm trends and make informed decisions. A strong Bearish Power reading suggests that sellers are dominating the market, indicating a potential continuation of the downward trend. This tool is part of the broader Elder Ray system developed by trader and author Alexander Elder.