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Hindenburg Omen confirmed: Feared signal occurred again yesterday
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Friday, August 20, 2010
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From Zero Hedge:

Today we got our first Hindenburg Omen confirmation.

The number of new highs was 136, and new lows was at 69 (per the traditional WSJ source). Granted, this particular criteria set was a little weak as the 69 is precisely on the borderline for confirmation (the 2.2%), and the new highs number was not more than double the new lows (although it was close).

Less gating were the...
 
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More on stocks:

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Warning: Stocks just triggered the "dreaded" Hindenburg Omen

Topics: Stocks
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