Naming market technical indicators is an art form and two of the most dramatic names are the Hindenburg Omen and the Titanic Syndrome. “Oh, the humanity!” Both of these supposed market topping technical indicators have given off rare signals in the days and weeks prior to the selloff we are experiencing now.

I don’t track these things but when they get mentioned I take a few minutes to evaluate their merits. So if you feel like spending some time reading about them, here’s a discussion of the Hindenburg Omen and one that is specific to the Titanic Syndrome. Like most technical indicators, you will have to evaluate for yourself whether you believe in what they are saying. False positives are abundant in technical analysis and just because these went off recently does not mean they are correct this time. Have fun with them or if you don’t like these, make up your own.  There are a few disasters that still don’t have a technical indicator named after them.