Dr. McHugh's Market Comments:
The Stock market triggered a fourth consecutive Hindenburg Omen observation Monday, November 22 ^nd.

We have a very dangerous situation brewing for the future prospects of the stock market. The stock market generated a fourth H.O. observation on Monday, November 22nd, within its third "official" Hindenburg Omen potential stock market crash signal triggered on Thursday, November 18 ^th. That is three observations in a row since Wednesday, November 17th. If we get five observations for this latest H.O. within 30 days, the probability of a plunge increases even more (see article on the H.O. at our Guest Articles button at  www.technicalindicatorindex.com  ). There are now three simultaneous "official" (or a.k.a. confirmed) H.O.'s on the clock.

What could this mean? There were three official H.O.'s on the clock from October 2019 through January 2020 at the same time. A 37% stock market crash started about a month after the third H.O. occurred on January 30 ^th, 2020. There was also an instance in 2018 when there were three official H.O.'s on the clock contemporaneously. That situation led to an 18.81% plunge in the stock market. There was another instance of three simultaneous H.O.'s on the clock in 2015, which led to a 14.79% stock market decline. In each instance, the declines started shortly after the third H.O. occurred. There was one other time in late 2014 when there were three on the clock together, the third occurring in January 2015, however the plunge that followed was five months after the third H.O., but was almost 15 percent. There were no other instances of three being simultaneously on the clock going back to 1986 from 2014.