The Hindenburg disaster occurred on May 6, 1937 in Lakehurst, New Jersey. But the Hinderburg Omen is a technical analysis tool named after the Hindenburg disaster.
The Hinderburg Omen has been spotted again. It portended the 2008 crash.
The culprit causing for concern could be the McClellan Oscillator.
But it is likely the disparity between 52 week highs and lows.
Bear in mind that there have been many sightings since 2009, mostly associated with periods of The Fed’s quantitative easing (QE1, 2, 3). And there were not significant drops in the S&P 500 index.
But with The Fed’s recent flurry of rate hikes, I hope that we will hear “Oh the humanity” again.