themarketzone
Short

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

AMEX:SPY   SPDR S&P 500 ETF
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
http://marketzone.tumblr.com/post/92330021820/weekly-markets-analysis-20-7-14-forex-and-stocks

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