Be aware: "The Hindenburg Omen is a technical analysis that - TopicsExpress



          

Be aware: "The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. ... Granted, the Hindenburg Omen is not a guarantee of a crash, and the five criteria that must be met for a Hindenburg trigger typically need to reoccur within 36 days for reconfirmation. Yet the statistics are startling: "Looking back at historical data, the probability of a move greater than 5% to the downside after a confirmed Hindenburg Omen was 77%, and usually takes place within the next forty-days." The last Hindenburg Omen occurred during the lows of 2009. Today, we just had another (unconfirmed) Hindenburg Omen. It is time to batten down the hatches - something big is coming. zerohedge/article/hindenburg-omen-here
Posted on: Wed, 14 Aug 2013 18:18:31 +0000

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