Hindenburg Omen- Biggest Cluster Since Last Market Crash

House · Aug 14, 2013

In a rigged and irrational market it may not mean much but

A number of top analysts are pointing out the fact that the biggest cluster of "Hindenburg Omens" has appeared since the last stock market crash. And those that have studied this insist that the more "Hindenburg Omens" there are in a cluster, the stronger the signal is.
... we have now seen a Hindenburg Omen occur five times in the last seven trading days.
But the Hindenburg Omen is not the only sign that a stock market crash may be coming. Marc Faber, the publisher of the Gloom, Boom & Doom Report, says that the markets are repeating the exact same pattern that we saw just before the stock market crash of 1987...
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TECB

What is the Hburg Omen?

The Hindenburg Omen is a combination of technical factors that attempt to measure the health of the NYSE, and by extension, the stock market as a whole. The goal of the indicator is to signal increased probability of a stock market crash.

The rationale is that under "normal conditions" a substantial number of stocks may set either new annual highs or new annual lows, but not both at the same time. As a healthy market possesses a degree of uniformity, whether up or down, the simultaneous presence of many new highs and lows may signal trouble.

Though the Omen does not have a 100% success rate, every NYSE crash since 1985 has been preceded by a Hindenburg Omen. Of the previous 25 confirmed signals only two (8%) have failed to predict at least mild (2.0% to 4.9%) declines
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Hindenburg Omen- Biggest Cluster Since Last Market Crash

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Hindenburg Omen- Biggest Cluster Since Last Market Crash

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