Two more Nasdaq Hindenburg Omens this week.
As I showed previously 2024 has seen the most in history, w/ the second largest cluster in Y2K.
The H.O. is triggered when significant numbers of new highs and new lows occurs at the same time, signaling a bifurcated market.
This is a similar pattern to what we saw in 2021.
https://x.com/SuburbanDrone/status/1799179004907294954
