The recent poor trading in emerging markets debt (shown here recently via iShares Morgan Stanley USD Emerging Markets Bond ETF (NYSEARCA:EMB)) and now some “iffy” action in two of our key currency gauges are the first signs in a long while that aren’t 100% bullish. The aggregate message from the bond charts I follow still remains bullish. However the same cannot be said of the key currency charts I follow. BONDS Emerging markets debt remains troubled as it trades below resistance. Click to enlarge The EMB is still working to even break above the first of two key resistance ...