Buying the Dip $IWM

 

$IWM has held up well in a price range over the 200 day in 2015, and is currently forming a nice range to swing trade. Currently, $IWM has a  flat 200 day moving average, and this index ETF is currently the strongest on down days. I will be looking for opportunities to buy weakness and dips back to the 200 day, or the 30 RSI for high probability trades with great risk/reward ratios, and high probability setups. The $IWM chart has been much stronger than $SPY $DIA or $QQQ this year, indicating the potential of rotation into small caps after a range bound year in 2014. I will be buying this dip in 2015 when possible.