Despite hitting new all-time highs on the Dow this week, the major index has now seen 6 Titanic or Hindenburg Omen warnings in the past 30 days! An illustration showing the warnings is included in this piece.
Another Nasdaq Warning
June 16 (King World News) – From Jason Goepfert at SentimenTrader: On Thursday, there were more stocks that slid to a 52-week low on the Nasdaq than rallied to a 52-week high. Coming so soon after a new high in the Nasdaq Composite, this triggered a Titanic Syndrome signal. There have now been 6 Titanic or Hindenburg Omen warning signs in the past 30 days, one of the larger clusters during this bull market…
...also from KingWorldNews: