Hindenburg Omen Spotted

While not the end-of-the-world that its name indicates, the confusion (highs, lows, advancers, decliners, and momentum) required to create a “Hindenburg Omen” means markets are not as gung-ho as the headlines might suggest. The last 2 Hindenburg Omens this year saw notable corrections (of course only to be un-corrected higher on the waves of liquidity).



of course, each dip has been met by more flow from the Fed in the past…


Charts: Bloomberg


via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/MAYriLSMkyM/story01.htm Tyler Durden

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