Some financial analysts fear a technological signal portending doom. They call it the Hindenberg Omen, and what triggers it is a mix of stocks trading unusually high and low during the same period. This "suggest[s] traders are having a tough time valuing an uncertain market and a fiery crash may be imminent."
The Hindenburg Omen has appeared 11 times in the past 50 days, according to Jason Goepfert at Sundial Capital Research, which specialises in chart-based “technical analysis” of the stock market.
It's interesting to see fear surface from such technical roots. That's where Infocult is bred.
Speaking of which, we at Infocult appreciate the creativity of financial people as they run wild with dark imaginings:
It is one of a number of ominously-named technical indicators that are believed to portend swift corrections in markets. Others include the Death Cross and the Bearish Abandoned Baby.