Two possible scenarios for the coming week - 198 is the key

The $SPY is testing 198 (previous ATH) for the third time. A break of this level can lead the the $SPY all the way to the top of the trading channel and to the important 200 level.
Two short scenarios - One from current ATH level and one from 200 if the $SPY will reach it. The two scenarios present a very good R/R.
If you want to read the full analysis and more analyses I prepared in the Weekly Markets Analysis newsletter, click on the link below
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