Throughout history, major crashes in the US stock market
have been proceeded by a Sell Signal in a technical indicator
known as the "Hindenburg Omen"
Last week, the "Hindenburg Omen" triggered a potential crash signal on the market
based on the 4 criteria of volume,volatility, momentum, and trend indicators that it follows.
The McClellan Oscillator's NYSE move below the "zero "line last week,
triggered the new potentially ominous signal.
Traders are advised to be aware of the current deterioration of technical strength
in the market, being masked or disguised by "moon shot" stocks like Nvidea.
Market Vane's Bullish Percentage at 69% latest reading shows how super bullish the crowd is.
There is almost no fear that the stock market could crash.
Ask yourself...Do you know "any" traders thinking about that possibility.. right now ..?
THE_UNWIND
Woods Of Connecticut
5/29.24
have been proceeded by a Sell Signal in a technical indicator
known as the "Hindenburg Omen"
Last week, the "Hindenburg Omen" triggered a potential crash signal on the market
based on the 4 criteria of volume,volatility, momentum, and trend indicators that it follows.
The McClellan Oscillator's NYSE move below the "zero "line last week,
triggered the new potentially ominous signal.
Traders are advised to be aware of the current deterioration of technical strength
in the market, being masked or disguised by "moon shot" stocks like Nvidea.
Market Vane's Bullish Percentage at 69% latest reading shows how super bullish the crowd is.
There is almost no fear that the stock market could crash.
Ask yourself...Do you know "any" traders thinking about that possibility.. right now ..?
THE_UNWIND
Woods Of Connecticut
5/29.24
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.