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There has been no let up on volatility this week. In the early afternoon, the Dow is trading at its session low today, down over 500 points. Yesterday, the Dow [&DJI
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] closed down only 76 points - but don't let that fool you, as it actually traded in another wide trading range once again. This continues a trend it has had for most of the month. Take a look at the point ranges during the last week and a half:
Today (as of early afternoon): 513 points
Yesterday: 709 points
Monday: 966 points
Friday: 1,019 points
Thursday: 869 points
Last Wednesday: 433 points
Last Tuesday: 687 points
Last Monday: 797 points
Additionally, the CBOE Volatility Index [VIX
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] is up once again above 60, suggesting greater fear is returning once again.
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