Well the stock market news just get worst.
According to Robert McHugh at https://www.technicalindicatorindex.com we might at the USA close today get a Hindenburg Omen, then if another happens with in 36 days we can expect a market drop of over 20% within three months.
This technical signal has had great track record over the last 25 years or so.
It would appear that it is all lining up for another major fall post end August.
thursday bounce?, page-2
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8,118.8 |
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| Open | High | Low |
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| XJO (ASX) Chart |