WEALTH SKILLS CLUB TODAYS DISCUSSION: MARKET OVERVIEW: GLOBAL, LOCAL AND SECTOR MARKET OVERVIEW: GLOBAL, LOCAL AND SECTOR PRICE RELATIVE SECTORS TO FOCUS ON PRICE RELATIVE SECTORS TO FOCUS ON VIEWS ON COMMODITIES: GOLD, OIL AND PLATINUM VIEWS ON COMMODITIES: GOLD, OIL AND PLATINUM TOP DOWN APPROACH TOP DOWN APPROACH © 2011 Wealth Skills | presents
S&P 500 MT © 2011 Wealth Skills | presents
S&P 500 ST © 2011 Wealth Skills | presents
S&P 500 ST © 2011 Wealth Skills | presents
DJ © 2011 Wealth Skills | presents
30yr Daily
30 YEAR TBOND
All SHARE
Monthly charts
SHANGHAI LT 3-day chart
SHANGHAI
DAX
RESI Long term
RESI
FINDI
FINI
INDI © 2011 Wealth Skills | presents
Plat Price © 2011 Wealth Skills | presents
GOLD © 2011 Wealth Skills | presents
Gold Price © 2011 Wealth Skills | presents
GND © 2011 Wealth Skills | presents
OIL © 2011 Wealth Skills | presents
Daily PR: OIL – Watch 89ema Support; watch US Dollar © 2011 Wealth Skills | presents
Daily PR: PHARM – Defensive & tested the 89ema; PR Strong! © 2011 Wealth Skills | presents
Daily PR: GENI- sideways channel; watch trend line on lows around 89ema © 2011 Wealth Skills | presents
Daily PR: ALTx15- above 89ema major support 345 below trending pair; 4EMAx up © 2011 Wealth Skills | presents
Daily PR: ELEE – Sideways shuffle; with symmetrical triangle; Caution! Watch PR sideways © 2011 Wealth Skills | presents
Daily PR: INDE – Sideways Price Relative © 2011 Wealth Skills | presents
Daily PR: INDT - Very volatile sector © 2011 Wealth Skills | presents
Daily PR: RESI trend line low with USD retracement. © 2011 Wealth Skills | presents
Daily PR: BASM – reverse head and shoulders reached target; then retraced to hammer for EMAs. USD strength © 2011 Wealth Skills | presents
Daily PR: IINDI – above trend line action point of trend lines © 2011 Wealth Skills | presents
Daily PR: FOOR PR Strong! 50Ema major support © 2011 Wealth Skills | presents
Daily PR: CONG – pull back to 89ema and possibly wave 5 ; watch PR Strong © 2011 Wealth Skills | presents
Daily PR: CONS – Textbook 4EMA x up; ema © 2010 Wealth Skills | presents
Daily PR: TELE – Testing trend line lows © 2011 Wealth Skills | presents
Daily PR: TRAV – Watch 89ema Support; possible reverse head and shoulders © 2011 Wealth Skills | presents
Daily PR: TECH – 5 wave cycle count; 50ema support – Watch the channel lows & highs © 2011 Wealth Skills | presents
Daily PR: MTEL – Tested 240; mainly sideways ranged © 2011 Wealth Skills | presents
Daily PR: GERE –3EMA x up rally; 89EMA support; Above PR positive! © 2011 Wealth Skills | presents
Daily PR: HEAL – Watch 89ema 33800; MINI double - top © 2011 Wealth Skills | presents
Daily PR: BANKS – say no more… © 2011 Wealth Skills | presents
Daily PR: INDI - 89ema – PR caution © 2011 Wealth Skills | presents
Daily PR: MINI – Under performing; Critical EMA © 2011 Wealth Skills | presents
Daily PR: HOUS – watch rising wedge; moving higher © 2011 Wealth Skills | presents
Daily PR: FORE – watch 89ema resistance; Bearish © 2011 Wealth Skills | presents
Daily PR: INDM – 89ema support to hold – PR weak © 2011 Wealth Skills | presents
Daily PR: AUTM – illiquid 3ema; best performer of 2011; likely to move higher in 2012 © 2011 Wealth Skills | presents
Daily PR: FOOD – PR Positive; watch 50EMA ; 4EMA x up continues © 2011 Wealth Skills | presents
Daily PR: GOLD – PR weak; 3225 resistance Pull back to 89ema; trading pair x down! D-top! © 2011 Wealth Skills | presents
Daily PR: CHES – illiquid- PR recovery; Retracing cycle to © 2011 Wealth Skills | presents
Daily PR: PLAT – USD strength; 3EMAx down to 59 pts; PR poor; Bearish & under performing © 2011 Wealth Skills | presents
Daily PR: GENF – PR POOR; Below EMAs; neckline © 2011 Wealth Skills | presents
Long Term OIL: PR strong! watch USD! © 2011 Wealth Skills | presents
Long Term PR: PERG – d-bottom reached ; PR Strong © 2011 Wealth Skills | presents
Long Term PR: HEES- Testing 50ema © 2011 Wealth Skills | presents
Long term PR: PHARM 50ema; Price Relative Strong weekly!!
Long term PR: ALTX 15 breaks 89ema Resistance with 3EMAx up
Long Term PR: GENI/INDE
Long Term PR: support to bearish trend test
Long Term PR: SUPS- 89ema broke, 3EMA down; trend line resistance - bearish
Long Term PR: RESI resistance retest! EMAs all converging; chart below 52150
Long Term PR: IIND Poor PR potential 3EMA x up with 89ema support
Long Term PR: CONG/FOOR Watch supports; PR Strong; 238% FIB
Long Term PR: TELE – watch 89ema; sideways shuffle
Long Term PR: CONS breakout of resistance; 50ema support
Long Term PR:TECH watch support; PR strong
Long Term PR: /GERE Watch 50ema support – defensive; Above the channel PR strong
Long Term PR: NLIFE
Long Term PR: INDI support held – watch break out
Long Term PR: Mining – testing 50ema; Poor PR; Watch USD!
Long Term PR: METL – poor PR & bearish
Long Term PR: AUTM PR Strong; illiquid
Long Term PR: BEVR Tested 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: ALTx Tested 50|89ema as support with break out! PR STRONG!!
Long Term PR: GOLD 3EMA x up with PR STRONG; possible retracement to 2870
Long Term PR: PLAT 3EMA x DOWN with PR POOR; possible retracement to previous low
EXECUTIVE SUMMARY COMMENTS: Markets continue to be volatile; Bullish support! INDI out performing – not falling as much, sideways, lagging RESI due to defensive status! Commodities look to suffer from USD strength Caution PR Poor: TRAV, METL, RESI, PLAT, FORE, MINI, BANK, FTEL, IIND, BASM, SUPS, Price Relative strong: FOOD, FOOR, CONG, CONS, GERE, OIL, BEVR, ALTx JSE RESI continues to be under pressure ALTx triggers break out & economic growth phase kick started presents
EXECUTIVE SUMMARY July 2011 BI-ANNUAL LONG TERM PERFORMERS: CONG, PERG, Watch CONS, GERE, IIND FOOD Gold price Silver price December 2011 Long term Performers: Foor Bevr AUTM ALTx presents
Watch List December: Watch precious metals – weakness Historical precious metal momentum in Dec OIL, FOOR, ALTx, Check RESI, BASM, MINI for momentum around level either lower/higher Break stronger for USD below 1.32 :EUR following retracement to 1.35/1.36. Caution: FTEL, TELE, BANK presents
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. presents