While many consider technical analysis to be voodoo -- especially academics -- the fact is that fundamental analysis is far from perfect either. Hey, how many economists and stock analysts predicted the financial implosion in 2008? Not many.
But there were several technical indicators that gave investors warnings. And perhaps the most interesting is the Hindenburg Omen. True, it has given off false alarms but it still has forecasted the major crashes over the past two decades
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