For your information, EWM is an ETF that supposed to track FBMKLCI, or just simply call it FBMKLCI ETF in US.
Since 25 Oct 2017, an o0o divergence was observed between EWM and rubbish FBMKLCI, the EWM price has been going up steadily with increasing volume, while cibai FBMKLCI suffers pukima selldown on heavy volume.
US investor who invest or trades Malaysia ETF has been increasingly bullish, while on the local front, local funds and foregin funds were dick and cipet itchy selling down the rubbish FBMKLCI.
Reversal soon or just o0o?
Isn't it amusing to the dickhead and cipet-head short-seller who fucks FBMKLCI without contraceptive? Go figure!