A medicine for a bad day

A lot of things are going on today. A lot of red. And a lot of investors worried about all this red and looking for the Big One.
However, we think there are some positive stories going on, worth to follow. One is the stabilizing CRB-index indicating commodities may bottoming.

This is one of my favorites: look to things which are hated and despised. And became cheap.
Than it’s a question to wait for an uptrend. Once established taking a position becomes an option.
We have commodities, infrastructure but also biotech, of late. Amgen (ticker: AMGN) is popping up on our renkoscreen. The CCI became positive a while ago and now the SAR is changing camps on a 60-minute chart.
Interesting to see where the price will walk in a negative environment.

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