Tread lightly at 1600
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.
Bullish intraday bias for now but expecting a reversal.
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