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The VIX Rule of 16 is and easy to remember calculation that may be interesting or useful to stock market traders. The rule states that when the volatility index for the S&P 500 is trading at 16 traders may anticipate about a 1% move in the S&P 500. For example, if the SPY exchange traded fund or ETF which tracks the S&P 500 closed with a value of 558.7 and…
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