Hindenburg Omen Flashing Red, Is It Reliable?

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At Blue Harbinger, we never make investment decisions based on technical analysis alone. However, we absolutely do pay attention. One of the ways we monitor technical market conditions is by helping the renowned Jeff Miller create his weekly Stock Exchange report. The report not only reviews specific technical trading ideas, but it also shares the mid and longer-term results of Jeff’s various technical trading models—which can be extremely insightful as to what has and has not been working from a technical standpoint (e.g. momentum vs reversion). Without further ado, here is this week’s report…

Hindenburg Omen Flashing Red, Is It Reliable?