The Hindenburg Omen is a series of technical indicators that portend stock market disaster. (Think of the photos of the giant dirigible exploding and burning.) The last Hindenburg Omen was October 2007. The Hindenburg Omen is now in play in today’s stock market. See the following from MarketWatch.
Tuesday, the S&P 500 closed down 0.6% to 1632 (rounded).
The NTSM system sold at 1575 on 16 April. (This is just another reminder that I should follow the NTSM analysis and not act emotionally – I am under-performing my own system by about 2%!)