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EM local bonds (LEMB) running out of steam?

Short
iShares J.P. Morgan EM Local Currency Bond (AMEX:LEMB)  
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AMEX:LEMB   iShares J.P. Morgan EM Local Currency Bond
Trend Analysis Technical Indicators
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trendanalysis indicator
EM Local bonds seems to be testing the top of the downward channel while Stochastics are in overbought territory making it difficult to think of a breakout to the upside. Expect a move lower that most likely will come from the ccy side.
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