Tread lightly at 1600

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RTY in a range on weekly chart, coming into expected resistance. Likely outcome is to return to the middle of the range.

Bullish intraday bias for now but expecting a reversal.
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4 Hour Chart Probably on 5th Wave

Final 5th wave push before likely reversal area around 1600 could be very strong so this is not an area to fade yet. However look for a reversal when it gets into the fib zone

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Chart Patterns

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