[/caption] A Hindenburg Omen is an indicator that is a technical analysis pattern that supposedly shows up prior (just) to a stock market crash based on the NYSE. New York Stock Exchange. It is based on a large number of stocks hitting annual highs as a large number of stocks hit annual lows. The Hindenburg omen basically shows new lows and downside risk. Here is the scoop: The probability of a downside move over 5% is 77%. Pretty nice odds. Zero hedge has a break down and some information S&P 500 day trading course
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