Short Multiple Top on MSCI

As seen on the graph, the price follows a multiple top strategy as it has a growing tendency and then stops in a mini channel. We recommend a short position to be placed after the price breaks the lower line of the mini channel, as the price is expected to drop again. Also recommended are, a stop loss placed at approximately $237.32 per stock, and the take profit at $215.78 approx. as the risk/reward ratio is around 2.4 at those numbers.