"Hindenburg's Omen" to predict a stock market crash."Hindenburg's Omen" to predict a stock market crash.
"Hindenburg's Omen" is a technical indicator in financial analysis designed to predict a potential significant decline or a stock market crash.
Here are the main things to remember about this indicator:
Definition and origin
Introduced by Jim Miekka in the 1990s.
Named after the Hindenburg airship disaster in 1937, symbolizing an unexpected disaster.
How it works
- Hindenburg's Omen is triggered when several conditions are met simultaneously on a stock market:
- A high number of stocks reaching both new highs and lows over 52 weeks (usually more than 2.2% of stocks).
- The number of new highs must not exceed twice the number of new lows.
- The stock index must be in an upward trend (positive 50-day or 10-week moving average).
-The McClellan Oscillator (sentiment indicator) should be negative.
Interpretation
-When these conditions are met, the Omen suggests underlying market instability and an increased risk of a significant decline.
-The signal remains active for 30 trading days.
Reliability
-The indicator has correctly signaled some historical crashes, such as the one in 1987.
-However, its reliability is questionable as it also produces many false signals.
Usage
-Generally used in conjunction with other forms of technical analysis to confirm sell signals.
Traders can use it to adjust their positions or as an alert for increased market monitoring.
It is important to note that, like any technical indicator, the Hindenburg Omen is not infallible and should be used with caution, in conjunction with other analytical tools.
In the following photos, a harmonic "BLACK SWAN" pattern was detected on the DOW JONES, announcing a stock market crash or a strong correction!
Blackswanpattern
DXY is ready to hurt some folks!! Deflation could be around the I am expecting to see dxy to 1.12 sooner than y'all think.
We watched china get jacked up by DEFLATION and I think it is coming home soon.
Penny meme stocks are going wild! End of a cycle indication to me.
I have some buy orders on them beyond 70% down. After the last dump, whatever survives I believe will make you rich!! Benner cycle!
Take profits while you have them maybe??
NOT FINANCIAL ADVICE!!!
Perfect automated detection of BlackSwan & DeepCrab PRZ - ShortA bearish-type BlackSwan pattern occurred within the resistance zone of 1.4880-1.500.
If the price rises to 1.4989, a bearish-type DeepCrab pattern could occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.4700-1.4760.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Perfect automated detection of BlackSwan & Butterfly PRZ - ShortA bearish-type big BlackSwan pattern occurred.
If the price rises to 22.300, a bearish-type Butterfly pattern could occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of BlackSwan pattern - ShortA bearish-type big BlackSwan pattern occurred.
If the price rises to 0.87045, a bearish-type Butterfly pattern could occur.
Also on the daily chart, bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of BlackSwan pattern - ShortA bearish-type big BlackSwan pattern occurred.
Also on the daily chart, bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of BlackSwan pattern - LongA bullish-type big BlackSwan pattern occurred.
Also on the weekly chart, bullish-type BlackSwan pattern is occurring.
Long after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of Shark & BlackSwan PRZ - ShortA bearish-type Shark pattern occurred near the resistance zone of 0.9800-0.9830.
(In this resistance zone , there was a rebound in 01 Sep, 06 Aug,...)
If the price rises to 0.9795, a bearish-type BlackSwan pattern could occur.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Perfect automated detection of BlackSwan pattern - LongA Bullish-type big BlackSwan pattern occurred.
If the price drops a little more, a Bullish-type AB=CD pattern could occur.
Long after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of Shark & BlackSwan PRZ - ShortA Bearish-type Shark pattern occurred within the resistance zone of 1.490-1.504.
(In this resistance zone , there was a rebound in Mar 2020, Oct 2019,...)
If the price rises to 1.496, a Bearish-type BlackSwan pattern is likely to occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.406-1.434.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO