The failure of stock market indexes

Stockmarket indexes trade at the last Trades value, but This is a fatemogana since it Can be Trades at 40% down All Day and the the last Trades Can be plus 10 percent and then the indexes look good although it wasnt…what had then been traded during the Day? Its replacement should be “Value Traded Indexes” or “VTI’s” or “Average Value Traded Indexes” or “AVTI’s”

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