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Friday, 08/18/2017 8:02:02 AM

Friday, August 18, 2017 8:02:02 AM

Post# of 188222
Hindenburg Omens Flashing Major Warning Signal for the Stock Market
financialsene.com
08/17/2017


Today's chart comes from Jason Goepfert at SentimentTrader.com. Last month, Jason told FS Insider that sentiment readings were reaching extremes, even surpassing 2000 tech bubble-levels of euphoria, which was a "very troubling sign" for the stock market (see Rydex Trader Bullishness Surpasses 2000 Tech Bubble).

This most recent data looks at the total number of Hindenburg omens for the S&P 500, Nasdaq, Dow Jones Industrial Average, and the Russell 2000. In sum, "we're seeing a market that is split between winners and losers to a degree rarely seen in history," Jason wrote in yesterday's Sentiment Report.

(article continues here;) http://www.financialsense.com/fs-staff/hindenburg-omens-flashing-major-warning-signal-stock-market

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