Omens For The Nasdaq As Technical Signal Proliferates
However, it should be taken in the context of a still supportive economic backdrop, with buoyant excess liquidity and low near-term recession risk.
The Hindenburg Omen compares the percentage of stocks in a stock index making new 52-week lows versus 52-week highs.When both are rising above a certain threshold, and we are near a one-year ...