WEALTH SKILLS CLUB TODAYS DISCUSSION: MARKET OVERVIEW: GLOBAL, LOCAL AND SECTOR MARKET OVERVIEW:...

WEALTH SKILL’S CLUB

TODAY’S DISCUSSION:

MARKET OVERVIEW: GLOBAL, LOCAL AND SECTORPRICE RELATIVE SECTORS TO FOCUS ONVIEWS ON COMMODITIES: GOLD, OIL AND PLATINUMTOP DOWN APPROACH

S&P 500 MT

S&P 500 ST

30yr Daily

30 YEAR TBOND

All SHARE

Monthly charts

SHANGHAI LT

3-day chart

SHANGHAI

RESI Long term

Plat Price

Gold Price

Daily PR: OIL –Watch 89ema Support;watch US Dollar

Daily PR: PHARM – Defensive & tested the 89ema; PR Strong!

Daily PR: GENI- sideways channel; watch trend line on lows around 89ema

Daily PR: ALTx15- above 89ema major support 345 below trending pair; 4EMAx up

Daily PR: ELEE – Sideways shuffle; with symmetrical triangle; Caution! Watch PR sideways

Daily PR: INDE – Sideways Price Relative

Daily PR: INDT -Very volatile sector

Daily PR: RESI – @ trend line low support@ 51000 with USD retracement.

Daily PR: BASM – reverse head and shoulders reached target; then retraced to hammer for

resistance @ EMAs. USD strength

Daily PR: IINDI – above trend line;@ action point of trend lines

Daily PR: FOOR PR Strong! 50Ema major support

Daily PR: CONG –pull back to support @ 89ema and possibly wave 5; watch PR Strong

Daily PR: CONS – Textbook 4EMA x up; 54700 support @ 89ema

Daily PR: TELE – resistance @71000! Testing trend line lows

Daily PR: TRAV – Watch 89ema Support; possible reverse head and shoulders

Daily PR: TECH –5 wave cycle count; 50ema support – Watch the channel lows & highs

Daily PR: MTEL – Tested resistance@ 240; mainly sideways ranged

Daily PR: GERE –3EMA x up rally; 89EMA test @ support; Above 4600. PR positive!

Daily PR: HEAL – Watch 89ema support @ 33800; MINI double - top

Daily PR: BANKS – say no more…

Daily PR: INDI - 89ema retest @ 28000 – PR caution

Daily PR: MINI – Under performing;Critical EMA testing @ resistance @ 33900

Daily PR: HOUS – watch rising wedge; moving higher

Daily PR: FORE – watch 89ema resistance; Bearish

Daily PR: INDM – 89ema support to hold – PR weak

Daily PR: AUTM – illiquid 3ema; best performer of 2011; likely to move higher in 2012

Daily PR: FOOD – PR Positive; watch 50EMA support @ 52000 ; 4EMA x up continues

Daily PR: GOLD – PR weak; 3225 resistancePull back to support @ 89ema; trading pair x down! D-top!

Daily PR: CHES – illiquid- PR recovery; Retracing cycle to 78% @ 14000

Daily PR: PLAT –USD strength; 3EMAx down to 59 pts; PR poor; Bearish & under performing

Daily PR: GENF – PR POOR; Below EMAs; d-top @ neckline

Long Term OIL: PR strong! watch USD!

Long Term PR: PERG –d-bottom reached; PR Strong

Long Term PR: HEES- Testing 50ema

Long term PR: PHARM support@ 50ema; Price Relative Strong weekly!!

Long term PR: ALTX 15 breaks 89emaResistance with 3EMAx up

Long Term PR: GENI/INDE

Long Term PR: INDE/INDT-@50|89ema support to bearish trend test

Long Term PR: SUPS- 89ema broke, 3EMA down; trend line resistance - bearish

Long Term PR: RESI - 55000 resistance retest!EMAs all converging; chart below 50ema @ 52150

Long Term PR: IIND Poor PRpotential 3EMA x up with 89ema support

Long Term PR: CONG/FOORWatch supports; PR Strong; Foor @ 238% FIB

Long Term PR: TELE – watch 89ema; sideways shuffle

Long Term PR: CONSbreakout of resistance; 50ema support

Long Term PR:TECHwatch support; PR strong

Long Term PR: /GEREWatch 50ema support – defensive; Above the channel

PR strong

Long Term PR: NLIFE

Long Term PR: INDIsupport held – watch break out

Long Term PR: Mining – testing 50ema; Poor PR; Watch USD!

Long Term PR: METL – poor PR & bearish

Long Term PR: AUTMPR Strong; illiquid

Long Term PR: BEVRTested 50|89ema as support with break out!

PR Strong

Long Term PR: Food Tested 50|89ema as support with break out!

PR STRONG

Long Term PR: ALTxTested 50|89ema as support with break out!

PR STRONG!!

Long Term PR: GOLD3EMA x up with PR STRONG; possible

retracement to 20|50ema @ 2870

Long Term PR: PLAT3EMA x DOWN with PR POOR; possible

retracement to previous low

EXECUTIVE SUMMARYCOMMENTS:Markets continue to be volatile; Bullish bounce @ support!INDI out performing – not falling as much, sideways, lagging RESI due to defensive status!Commodities look to suffer from USD strengthCaution PR Poor: TRAV, METL, RESI, PLAT, FORE, MINI, BANK, FTEL, IIND, BASM, SUPS, Price Relative strong: FOOD, FOOR, CONG, CONS, GERE, OIL, BEVR, ALTxJSE RESI continues to be under pressureALTx triggers break out & economic growth phase kick started

www.wealthskills.co.za presentswww.wealthskills.co.za presents

EXECUTIVE SUMMARYJuly 2011 BI-ANNUAL LONG TERM PERFORMERS:

CONG, PERG, Watch CONS, GERE, IINDFOODGold priceSilver priceDecember 2011 Long term Performers:FoorBevrAUTMALTx

Watch List

December:Watch precious metals – weaknessHistorical precious metal momentum in DecOIL, FOOR, ALTx, Check RESI, BASM, MINI for momentum around 52000 level either lower/higherBreak stronger for USD below 1.32 :EUR following retracement to 1.35/1.36.Caution: FTEL, TELE, BANK

Watch List

January: ALTx USD to test 1.32 before moving stronger to 1.28 Commodities to retrace but if stronger USD they will continue lower. Consider the double tops across the charts.

WEALTH SKILLS CLUB TODAYS DISCUSSION: MARKET OVERVIEW: GLOBAL, LOCAL AND SECTOR MARKET OVERVIEW:...

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