1987 style 20% crash coming, page-20

Hindenburg Omens are poppin' in the US.

The Hindenburg Omen points to probabilities of various degree of downside moves, usually over the next 40 days:

77% chance of a 5% drop

41% chance of a panic sell off

24% chance of a major stock market crash

Furthermore, every stock market crash going back to 1985 was preceded by a Hindenburg Omen.

Only 8% of Hindenburg Omens have not resulted in at least mild declines in the Dow Jones Industrial Average and S&P 500.