Hindenburg Omen
On Thursday August 12, the US equities market triggered a confirmed technical indicator known as the Hindenburg Omen. This omen, as you may have guessed, suggests that a stock market crash is on the way. However, it doesnt mean just any crash according to Albert Edwards, a London-based strategist at Societe Generale SA, the indicator means a savage equity downturn is imminent.
Google and collect more information