Abstract: A foldable light reflector apparatus having a panel with a reflecting surface and a pivotally support base frame support. In one embodiment the reflecting surface resembles an arrow pointing a motorist in one direction. End frame members engage holes in the panel's perimeter flange to support the panel in an upright position. By selecting engaging the end frame members with different flange holes and turning the panel upside down, the direction the reflecting arrow points can be reversed. To collapse the two part frame into the panel and its surrounding flange, only the frame member with its end in the bottom flange hole need be disengaged as the other two frame ends pivot in their respective side holed mounts.