Index Fund iShares MSCI Malaysia (NYSE: EWM) in June of tests important in terms of price history, technical level 9, which is almost exactly the middle price range for the whole instrument history from 1996 to date (designated by green lines) . During the 10-odd years in the dynamics of prices continues upward trend, it is necessary to note the important line (marked red), which has for decades played the role of support and about a year ago has turned into a line of resistance - probably along the line will continue and continue to bring us at least to the point 9,5.

Source - Reuters

Key indicators show a predominance of buying mood in the market this tool - fast moving steadily higher than the average slow, stochastic lines are in the area perekuplennosti indicator RSI moves along the top border, a line of MACD peremahnuli through zero; grid system ADX also shows dominance of bulls - DM exceed-DM, and the ADX line has risen above two levels of DM. Due to perekuplennosti in recent weeks in the market correction, but so far we have no reason to expect a turn for the negative trend.

Source - Reuters

candle on a weekly schedule, a model Bull counter, which allows to hope that the next 2-3 weeks, this tool will be completed in black.

Source - Reuters

Thus, based on technical signals in the optimistic scenario for the Fund iShares MSCI Malaysia in the third quarter we see the growth potential of up to 15% from current levels, with the pessimistic - the growth potential of about 8%.