---
title: "Is there a \"bad omen\" in the US stock market?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263624495.md"
description: "Technical analyst Tom McClellan posted: On October 30th, the New York Stock Exchange saw 93 new highs and 131 new lows, both exceeding the threshold of 77 (2.8% of A+D), triggering another \"Hindenburg Omen\" signal. This signal has appeared twice, one of which occurred yesterday. When multiple similar signals occur, their significance is often higher. He pointed out that when the last 30 \"Hindenburg Omen\" signals were triggered, the S&P 500 had an 83% probability of declining two months later"
datetime: "2025-10-31T00:12:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263624495.md)
  - [en](https://longbridge.com/en/news/263624495.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263624495.md)
---

# Is there a "bad omen" in the US stock market?

Technical analyst Tom McClellan posted:

On October 30th, the New York Stock Exchange saw 93 new highs and 131 new lows, both exceeding the threshold of 77 (2.8% of A+D), triggering another "Hindenburg Omen" signal. This signal has appeared twice, one of which occurred yesterday. When multiple similar signals occur, their significance is often higher.

He pointed out that when the last 30 "Hindenburg Omen" signals were triggered, the S&P 500 had an 83% probability of declining two months later.

### Related Stocks

- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [SPY.US](https://longbridge.com/en/quote/SPY.US.md)

## Related News & Research

- [The Mag 7's reign is ending. A top fund manager says that means trouble for the S&P 500.](https://longbridge.com/en/news/293592588.md)
- [Micron Technology and Nvidia mask softer S&P 500 earnings growth](https://longbridge.com/en/news/293346008.md)
- [U.S. economy had begun to speed up - until Iran peace talks failed and oil prices surged again](https://longbridge.com/en/news/293771740.md)
- [A 40% cut in S&P 500 employment would cost 11 million jobs](https://longbridge.com/en/news/293092209.md)
- [The Good, Bad, & Ugly Of A Trapped S&P 500](https://longbridge.com/en/news/293055938.md)