The Hindenburg Omen Indicates Stock Market Crash is Coming

By: Activist Post
August 14, 2010

hindenburgOn Thursday August 12, the US equities market triggered a confirmed technical indicator known as the “Hindenburg Omen.” This omen, as you may have guessed, suggests that a stock market crash is on the way. However, it doesn’t mean just any crash — according to Albert Edwards, a London-based strategist at Societe Generale SA, the indicator means “a savage equity downturn is imminent.”

Categorized as News