Hindenburg Omen

The Hindenburg Omen is here! It’s arrived and is going to crash a stock market
near you.

The Hindenburg Omen has to be the most feared technical pattern by all those
who read charts. Those who know what it is tend to break out in a cold sweat
and liquidate their holdings and possibly go short.

So for those who do not know what the Hindenburg Omen is here is a brief
explanation.

The Hindenburg Omen is a technical analysis that predicts an imminent stock

market crash. It is named after the now famous Hindenburg disaster of 1937,
The poor Zeppelin named Hindenburg was swallowed in flames in moments
and 35 poor unfortunates lost their lives.

But to allay your fears a bit, the Hindenburg Omen is not a cast iron 100%
guarantee that a crash will happen. The criteria that must be met for the
Hindenburg to trigger need to reoccur within 36 days for reconfirmation.

Looking back at past data, there s a 77% probability of a move greater than 5%
to the downside after a confirmed Hindenburg Omen. Once the Hindenburg
Omen is confirmed you have up to 40 days for it to take place. But don’t
forget, there is a 77% chance of it happening.

There are 5 criteria for the Hindenburg Omen to take affect and here they are:

1. The NYSE 10 Week moving average is rising.

2. The McClellan Oscillator is negative on that same day.

3. The new 52 Week Highs cannot be more than twice the new 52 Week
Lows (however it is fine for new 52 Week Lows to be more than double
new 52 Week Highs).

4. That the daily number of NYSE new 52 Week Highs and the daily
number of new 52 Week Lows must both be greater than 2.2 percent of
total NYSE issues traded that day.

5. That the smaller of these numbers is greater than or equal to 69 (68.772 is

2.2% of 3126). This is not a rule but more like a checksum. This

Hindenburg Omen
 condition is a function of the 2.2% of the total issues.

As of now, all five conditions have been met. The last occurrence of the
Hindenburg Omen to happen was June 2008. So watch out.

To help you my friends I have found a piece of software which may actually
help you in these difficult times ahead.

Just copy and paste this link: http://bit.ly/stockprotect

Hindenburg Omen