A flashing red traffic light:

Is used to indicate a pedestrian crossing.
Indicates that you should drive with caution.
Has the same meaning as a stop sign.
Has the same meaning as a yield sign.
Explanation

When driving and you see a red flashing light, treat it as you would a stop sign. This means you should slow down and prepare to come to a complete stop until it is safe to proceed. It is illegal not to stop at a stop sign, flashing red light, or a traffic light showing a steady red, even if the road appears clear of traffic.

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