Wallstrip featured the iShares MSCI Malaysia Index (EWM) ETF yesterday and the most amusing part of the show were the street interviews. I’m not surprised that most people that Lindsay met have no idea where Malaysia is on the globe. No matter where Malaysia is, its weekly chart was something a lot of traders found two weeks ago.
EWM looks like it broke its trendline two weeks ago and is struggling to cross over again. Maybe it'll do it this week?
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