Welcome to the 'witching hour' in volatility

[TraderTate + 186]

Any legitimacy to this idea that the new volatility in the market has a 'witching hour'?

"Those gyrations happen more frequently starting between 2:30 and 3 p.m. Eastern daily, with the Dow Jones Industrial Average DJIA, -1.16% the Nasdaq Composite Index COMP, -1.23% and the S&P 500 index SPX, -1.27% moving sharply only to rescind much, if not all, of that move within the final two hours to 90 minutes of regular trading."

[Seleskya + 50]

I bet it's already disappeared as a notion and just popped up over the recent volatility that the Fed seems to have helped dispel.