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VIX ETF Near Limit Down (Again) - Biggest 3-Day Drop On Record

For the 3rd day in a row VXX (the VIX ETF) has been crushed lower (nearing its 10% circuit-breaker limit-down). This is the biggest 3-day drop in VXX on record...

 

 

This is VXX's biggest 3-day drop since inception..

 

as it is testing back to its 50- and 100-day moving-average...