Hindenburg Omens are poppin' in the US.The Hindenburg Omen...

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.