Stock market analyst Robert McHugh, Ph.D., published a warning on March 6, 2021 regarding a market crash due to finding two Hindenburg warnings, one on March 2 and another on March 4. Here are excerpts from his 9-page report.
“So, what is a Hindenburg Omen? It is the alignment of several technical factors that measure the underlying condition of the stock market — specifically the NYSE — such that the probability of a stock market crash occurring is higher than normal, and the probability of a severe decline is quite high. This Omen has appeared before all of the stock market crashes, or panic events, of the past 35 years. No stock market crash (a decline greater than 15 percent) has occurred over the past 34 years without the presence of a Hindenburg Omen. Another way of looking at it is, without an official confirmed Hindenburg Omen, we are pretty safe. On the other hand, if we have an official Hindenburg Omen, then a critical set of market conditions necessary for a stock market crash exists.
It only takes two observations for an official Hindenburg Omen, and oftentimes we see more… We got a first Hindenburg Omen observation on Tuesday, March 2nd, 2021, and a second official confirming Hindenburg Omen observation two days later, on Thursday, March 4th, 2021, meaning we are now on the clock watching for a stock market crash, and at the very least a significant decline. What such a signal is telling us is that there is a much higher-than-random probability of a stock market crash starting sometime over the next four months.” (Read the full report)
Prior to these two most recent warnings, Robert McHugh stated, “The last official Hindenburg Omen came January 30th, 2020 and led to a 36.9% stock market crash through March 23rd, 2020.”
These warnings confirm what I’m expecting based on prophetic dreams that I have received including a warning that the next crash would resemble the 1929 crash.
Both the Dow and S&P reached new all-time highs this week, which tends to make investors think all is well. Even after a crash begins, most people don’t think it’s crashing because it doesn’t all happen right away. It takes some time before it finally reaches the bottom with the biggest part of the drop happening in the final three weeks, especially the last week. So history seems to be repeating itself today since few people are expecting a market crash.
Previous stock market crashes have taken 40 to 45 trading days from the top to reach the bottom but the 1929 crash took 50 trading days because it made a double bottom. Assuming the top was reached yesterday, March 11, and assuming this crash follows the 1929 pattern, the bottom would be reached on Thursday, May 20. However, in 1929, even after reaching that bottom, it bounced but then rolled over and dropped lower over the next three years before finally hitting the final bottom in the summer of 1932.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.