Hindenburg Omen
The Hindenburg Omen is a technical analysis indicator that is said to portend a stock market crash. It is named after the Hindenburg disaster of May 6, 1937, during which the German zeppelin Hindenburg was destroyed.
Lately, there is emerging sign of the occurrence of the Omen :
See here
And here
And here
The most recent occurrences were on Aug 12 & 16, 2010. However, one signal alone is always considered to be an unconfirmed signal. A series of 3 ~ 5 signals are preferred to be considered a confirmed signal.
Hindenburg Omen's performance from 1985 ~ 2005 :
Lately, there is emerging sign of the occurrence of the Omen :
See here
And here
And here
The most recent occurrences were on Aug 12 & 16, 2010. However, one signal alone is always considered to be an unconfirmed signal. A series of 3 ~ 5 signals are preferred to be considered a confirmed signal.
Hindenburg Omen's performance from 1985 ~ 2005 :
Labels: Market Direction
posted by Market Wizards @ August 16, 2010
Comments: 0
