The Subversion manual states:
\'!\' Item is missing (e.g. you moved or deleted it without using svn). This also indicates that a directory is incomple
\'!\'
Item is missing (e.g. you moved or deleted it without using svn). This also indicates that a directory is incomple
In my case I have committed with a message the parent folder that has the red flag, and then all the nested folders that had the icon including the parent folder are cleared.