VIX summer trading range
Excluding spikes (and what now appears to a near term capitulation high in early July), it looks like the VIX settled into a summer trading range roughly between 20 and 24.50. It's interesting to note that today's low reading of 20.06 was put in early in the day and that the closing low of 21.14 is a divergence from SPX closing at highs. This chart coud turn out to be a very useful tool for traders as the summer unwinds.
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on Tuesday, August 05, 2008 at 8/05/2008 07:35:00 PM.
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