WEALTH SKILL’S CLUB TODAY’S 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

SHANGHAI LT 3-day chart

SHANGHAI

DAX

RESI Long term

RESI

FINDI

FINI

INDI © 2011 Wealth Skills | presents

PLAT © 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 – 50|89ema Resistance EMAs act as resistance - poor © 2011 Wealth Skills | presents

Daily PR: PHARM – Retesting 89ema © 2011 Wealth Skills | presents

Daily PR: GENI- break down with retest of trending pair of EMAs © 2011 Wealth Skills | presents

Daily PR: ALTx15- break below 89ema © 2011 Wealth Skills | presents

Daily PR: ELEE – It moved lower with other sectors and remains bearish © 2011 Wealth Skills | presents

Daily PR: INDE – 20ema resistance © 2011 Wealth Skills | presents

Daily PR: INDT 89ema failed and shorts available – now retesting 50|89 © 2011 Wealth Skills | presents

Daily PR: RESI –used 20ema as resistance in bearish cycle down © 2011 Wealth Skills | presents

Daily PR: BASM – retest of 20ema © 2011 Wealth Skills | presents

Daily PR: IINDI – 3EMA break down 20ema resistance © 2011 Wealth Skills | presents

Daily PR: FOOR 3EMA sideways shuffle for now... © 2011 Wealth Skills | presents

Daily PR: CONG – Bearish resistance cycle © 2011 Wealth Skills | presents

Daily PR: CONS resistance © 2010 Wealth Skills | presents

Daily PR: TELE – Retesting resistance Out performing market © 2011 Wealth Skills | presents

Daily PR: TRAV – Break and continuation down © 2010 Wealth Skills | presents

Daily PR: TECH – Bearish resistance © 2010 Wealth Skills | presents

Daily PR: MTEL – Broken support resistance of 89ema © 2011 Wealth Skills | presents

Daily PR: GERE – Tested low with Morning star, found © 2011 Wealth Skills | presents

Daily PR: HEAL – Break support & now retesting resistance © 2011 Wealth Skills | presents

Daily PR: BANKS – 4EMA break down and retest © 2011 Wealth Skills | presents

Daily PR: INDI - break of 89ema with bearish cycle down © 2011 Wealth Skills | presents

Daily PR: MINI – Under performing; To test resistance now; watch closely for break © 2011 Wealth Skills | presents

Daily PR: HOUS – 89ema resistance watch rising wedge © 2011 Wealth Skills | presents

Daily PR: FORE – watch break continuation down © 2011 Wealth Skills | presents

Daily PR: INDM – Bearish continuation © 2011 Wealth Skills | presents

Daily PR: AUTM - illiquid © 2011 Wealth Skills | presents

Daily PR: FOOD - broken support; it retested and is continuing © 2011 Wealth Skills | presents

Daily PR: GOLD – Retracement to 2465 support Wave 3 continuation upward as gold rallies © 2011 Wealth Skills | presents

Daily PR: CHES – break lower- illiquid © 2011 Wealth Skills | presents

Daily PR: PLAT – old low © 2011 Wealth Skills | presents

Daily PR: GENF – 4EMA x down bearish continuation © 2011 Wealth Skills | presents

Long Term PR: OIL broke 50|89EMA; Remains bearish © 2011 Wealth Skills | presents

Long Term PR: PERG – testing 89ema support after break © 2011 Wealth Skills | presents

Long Term PR: HEES- Testing © 2011 Wealth Skills | presents

Long term PR: PHARM 89ema

Long term PR: ALTX 15 Pull back to Support

Long Term PR: GENI/INDE

Long Term PR: support to bearish trend test

Long Term PR: SUPS- watch 89ema support, 3EMA down

Long Term PR: RESI 89ema final support level, now resistance under performing.

Long Term PR: IIND 20ema support failed, testing 89ema resistance

Long Term PR: CONG/FOOR Watch supports

Long Term PR: TELE

Long Term PR: CONS

Long Term PR:TECH watch support

Long Term PR: /GERE Watch 50ema support – defensive

Long Term PR: NLIFE

Long Term PR: INDI breaking support - Watch

Long Term PR: Mining – Broken lower bearish

Long Term PR: METL – below& bearish

Long Term PR: AUTM Testing 20ema

Long Term PR: Food Tested 50|89ema as resistance

EXECUTIVE SUMMARY COMMENTS: Markets buckle under US Default decision INDI out performing – not falling as much, sideways, lagging RESI due to defensive status but weakening! Double top type formations and symmetrical triangles of last month lead into 89ema retests with potential continuation lower. GENERAL break of weekly and daily EMA supports for full on bearish momentum – Treasury MASSIVE Double top! Precious metals act as hedge / safe haven with HKME and PAGE now open increasing demand tremendously from ASIA JSE ALSH Monthly Bearish Trigger down with bearish reversals; 50ema Monthly is followed by 89ema monthly presents

EXECUTIVE SUMMARY BI-ANNUAL LONG TERM PERFORMERS: TELECOMS, CONG, PERG, Watch CONS, GERE, IIND CAUTION FOOD Gold price Silver price presents

Watch List August 2011 Commodities as hedge: Gold, Silver Currency hedges: CHF, YEN, NZD ALTx revival but time to retrace now September: Commodities retrace – profit takers sell off which provides buying opportunity USD in “cash” hold range but could see break out weaker Remain in YEN, CHF hedges unless major breaks in trend occur Short weak sectors under performing presents