The Hindenburg Omen, Prelude to a stock market crash? (safehaven.com)

All criteria were met. Both NYSE New 52 Week Highs (92) and New 52 Week Lows (81) exceeded 2.2 percent of NYSE traded issues (3,168). The McClellan Oscillator was negative -120.03, and the 50 Day Moving Average was Rising. New 52 Week Highs were not more than twice New 52 Week Lows, so it all added up to an official unconfirmed Hindenburg Omen observation Thursday.