Monday's "Market Up" Call and A Position Added to Our Portfolio

We've been limiting our multi month large cap stock trend trade entries to periods where we find market conditions most favorable for continued upward movement using Chaikin Analytics indicators.  Monday, we re-entered such a period.  We require a mix of positive technical and fundamental readings before we make a "market up" call, including: 

• SPY price trading above both the short (dotted) and long (orange) Chaikin trend lines
  
• Both trend lines curving up
  
• The bull:bear stock ratio of the SPY greater than 1.00
  

When all lights are green, we consider bullish trend trades, with up to a 6 month time horizon, following our entry rules. Check the SPY chart  direction against our market up calls, you'll find this system to be quite reliable.    $LNC is a Very Bullish rated stocks that meets our criteria, and we're adding it to the portfolio today.