Titanic Syndrome
When the S&P 500 was recently at a 52-week high, and then suddenly there are more securities at 52-week lows than 52-week highs on the NYSE, it triggers a Titanic Syndrome. This is one of the silly-sounding technical warning signs like the Hindenburg Omen. Despite the names, they tend to be effective, especially when triggering in clusters (which we haven't seen yet). The Backtest Engine shows that when there is even a single warning, two weeks later the S&P was higher after 100 out of 244 signals, a 41% win rate, averaging a return of -0.65%.
