IWM weekly - continued volatility - 11/7/2015

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Hard to have a read, as I think the rally we are having is a counter trend rally, but at the same time it is bullish .

I tend to think it is building its right shoulder now, and is living in the orange oval. It will go up and down in higher volatility in coming months. But if it drops out the box and the oval, watch out.
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