Buyable Vix Spike

Ari Wald comments on the negative, nasty, no good week for US stocks. The S&P 500 fell 4% over five days, just a few sessions after everyone was worried about a melt-up. What a country! Ari notes that despite the damage we’ve just witnessed, the long-term trend is still intact and upward-sloping (which is nice).
Anyway, here’s what the technician sees as a probability worth considering…
Notable about…

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