Hindenburg Omen Triggers as McClellan Oscillator Turns Negative

With a surge in NYSE new 52-week lows this week, the Hindenburg Omen has triggered once again. The last such signal was in mid August. There is some debate on the exact criteria and thresholds. The chart below details the criteria set forth from James Miekka. According to Miekka, the signal "deactivates" when the McClellan Oscillator turns positive.

101215hindi


Click this image for a live chart

 Previous Article Next Article