Kimble Charting Solutions Blog

The “Feeling Lucky” answer is Investment Grade Bond ETF (LQD)

Posted by Chris Kimble on 09/03/2010 at 8:24 am; This entry is filed under bonds, Investment Grade Bonds, Weekly Quiz.

Emails arrived from around the world over the last day to the Quiz. Thanks for all the quality responses.  I deeply appreciate the emails and great thoughts!  Most suggested to harvest at the top of the wedge.  See below for thoughts on this pattern.

LQD has been a GREAT ETF to own for a good while….this pattern would suggest to harvest now and if resistance is taken out, go back.

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