Monday, November 23, 2015

Hindenburg Omen x 2

The signal gains significance when it occurs in clusters...

and when insiders are selling with both hands, credit is in meltdown mode, commodities are at 1980 levels, global trade is falling off a cliff, inventories-sales decade highs, volatility trending, profits tanking etc. etc...




Momentum oscillator is positive while new highs and lows both > 2% of issues outstanding...



NYSE Composite w/%of stocks above 200 dma


Closely related to the Nasdaq's Zuckerberg Omen
Two stocks holding up the Nasdaq, neither of which is Facebook...


Nasdaq New Lows (50 dma)