Market Direction

• Make new purchases only in a market uptrend

• Take defensive action as the market begins to weaken

Why is this important?

Market Direction may be the last but not the least. Even if the other six traits are met, if the overall market is in a downtrend, it will be tough for even the best stocks to move higher.

Please keep in mind that this is strictly my analysis and opinion. Financial actions should not be based solely upon the opinions of this one article. Please read my disclaimer for further information.

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