19/11/17

Back-To-Back Hindenburg Omens



----
Back-To-Back Hindenburg Omens
// Zero Hedge

About a week ago, we warned about the infamous bearish stock market pattern developing in US equities coined by some as the 'Hindenburg Omen'. The pattern is known for its bearish tendencies developed after the Hindenburg disaster of 1937. The key understanding is breadth deterioration, when more stocks hit 52-week lows than 52-highs. Since the warning, a liquidity gap has developed in stocks thwarting any attempt at new all time highs.

Fast forward to this morning and a very ironic situation has unfolded in the skies 50-miles north of London. And no – it's not a giant penis drawn by US-Navy pilots in F-18s - it's a ....

Posta un commento