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

© 2011 Wealth Skills | www.wealthskills.co.za presents© 2011 Wealth Skills | www.wealthskills.co.za presents

S&P 500 MT

© 2011 Wealth Skills | www.wealthskills.co.za presents

S&P 500 ST


DJ


30yr Daily

30 YEAR TBOND

All SHARE

Monthly charts

SHANGHAI LT

3-day chart

SHANGHAI

RESI Long term

INDI


Plat Price


GOLD


Gold Price


GND


OIL


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

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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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