Abstract: A warning indicator including a housing attachable to the wheel and axle assembly of a railway car. An ejector assembly in the housing is spring biased to deploy a visual indicator in the presence of abnormal bearing temperatures. A fusible retainer, upon being subjected to abnormal temperatures, releases a stem of the ejector assembly which carries a visible indicator, such as a streamer, outwardly into the airstream for display in a highly visible manner. The indicator housing is provided with tool receiving surfaces to facilitate indicator installation and removal.