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$RWO finally got going last week along with $RSX, which broke out on Friday by clearing the high of the handle at 30.73. $EWT needs to hold on to the swing low of December 21 to continue producing higher swing lows along the base. $KOL failed to hold above the low of January 16, so we could see a test of the 50-day moving average within the next few days. We definitely do not want to see the price action fail at the 50-day MA.We have one new official setup added to today’s watchlist in $EWS – iShares MSCI Singapore Index Fund. The weekly chart below shows the tight price action over the past six weeks above 13.50.

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