Nasdaq Takes A 2.6% Plunge In Broad Sell-Off

Please see Alex Roslin's comments of Oct 13th COT--nasdaq 100 turned bearish and note key reversal day on QQQ --see last weeks comments.



All 30 dow stocks closed lower.

The Hindenburg Omen gave us early warning and signaled three times this past week before the market tumbled. see Ian Woodward's blog High Growth Stocks.

"The probability of an S&P 500 move greater than 5% to the downside after a confirmed Hindenburg Omen within the next 41 days after its occurrence is 77%, the probability of a panic sellout is 41% and the probability of a real big stock market crash is 25%.The occurrence of a confirmed Hindenburg Omen does not necessarily mean that the stock market will go down. On the other hand there has never been a significant stock market decline in history that was not preceded by a confirmed Hindenburg Omen.”