iShares MSCI Malaysia Index is carving out a BIG +4 year top. A consolidation (continuation) rectangle is also being resolved for a target on that BIG top’s breakdown line. Here is the monthly candle chart.

ewm_m

Here is the 5 year weekly candle chart.

ewm_w

And final zoom in on the 1 year daily candle chart.

ewm_d

My alerts are set. The important one at the 12 level. A monthly candle close below that give me a target at 8.