S&P500 day trading course Hindenburg Omen visited

S&P500 day trading course, you might have picked up on the news that there is the oncoming confirmation of a Hindenburg Omen.

A Hindenburg Omen is an indicator that is a technical analysis pattern that supposedly shows up prior (just) to a stock market crash based on the NYSE.  New York Stock Exchange.    It is based on a large number of stocks hitting annual highs as a large number of stocks hit annual lows.  The Hindenburg omen basically shows new lows and downside risk.

Here is the scoop:  The probability of a downside move over 5% is 77%.  Pretty nice odds.

Zero hedge has a break down and some information