Not only have some markets and some market sectors failed to regain their late Feb highs when Armstrong's model peaked, but volatility has become part of the changed landscape.
Below is a VXO chart showing that complacency has given way to nervousness since late Feb.
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Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a |
Open | High | Low |
7,759.6 | 7,819.0 | 7,754.9 |
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