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 – bearish/weak © 2011 Wealth Skills | presents
Daily PR: PHARM – back on table © 2011 Wealth Skills | presents
Daily PR: GENI- ascending triangle © 2010 Wealth Skills | presents
Daily PR: ELEE support © 2010 Wealth Skills | presents
Daily PR: INDE - sideways © 2011 Wealth Skills | presents
Daily PR: INDT 89ema broken © 2010 Wealth Skills | presents
Daily PR: RESI – broken 89ema -wave 5 © 2010 Wealth Skills | presents
Daily PR: BASM – wave 5 © 2010 Wealth Skills | presents
Daily PR: IINDI – Resistance © 2010 Wealth Skills | presents
Daily PR: FOOR – trendline support © 2010 Wealth Skills | presents
Daily PR: CONG – target © 2010 Wealth Skills | presents
Daily PR: CONS – 50|89ema broken © 2010 Wealth Skills | presents
Daily PR: TELE – 4EMA with 50ema support © 2010 Wealth Skills | presents
Daily PR: TRAV 3800 Resistance © 2010 Wealth Skills | presents
Daily PR: MTEL – out performing, watch support © 2011 Wealth Skills | presents
Daily PR: GERE – watch 50|89ema break © 2010 Wealth Skills | presents
Daily PR: HEAL rev HnS / 3EMA © 2010 Wealth Skills | presents
Daily PR: BANKS sideways © 2011 Wealth Skills | presents
Daily PR: INDI shooting star -caution © 2010 Wealth Skills | presents
Daily PR: MINI – bearish wave 5 © 2010 Wealth Skills | presents
Daily PR: HOUS - resistance © 2011 Wealth Skills | presents
Daily PR: FORE - watch © 2010 Wealth Skills | presents
Daily PR: INDM negative © 2011 Wealth Skills | presents
Daily PR: AUTM - illiquid © 2011 Wealth Skills | presents
Daily PR: FOOD -broken 89ema © 2011 Wealth Skills | presents
Daily PR: GOLD – triple bottom range © 2010 Wealth Skills | presents
Daily PR: CHES - consolidating © 2010 Wealth Skills | presents
Daily PR: PLAT - bearish © 2010 Wealth Skills | presents
Daily PR: GENF – watch symmetrical triangle © 2010 Wealth Skills | presents
Long Term PR: OIL weak © 2010 Wealth Skills | presents
Long Term PR: PERG © 2011 Wealth Skills | presents
Long Term PR: HEES- warning © 2010 Wealth Skills | presents
Long term PR: PHARM 89ema
Long Term PR: GENI/INDE
Long Term PR:
Long Term PR: SUPS- retracing, watch 89ema support
Long Term PR: RESI 50ema support, with hammer - swing?
Long Term PR: IIND watch
Long Term PR: CONG/FOOR
Long Term PR: TELE
Long Term PR: CONS
Long Term PR: MEDI/GERE
Long Term PR: NLIFE
Long Term PR: INDI
Long Term PR: Mining - below
Long Term PR: METL - below
Long Term PR: AUTM
Long Term PR: Food broke 89ema
EXECUTIVE SUMMARY HEAL sector Rev Head and Shoulders Long term PHARM at 50ema weekly Weekly RESI on 50ema with hammer -critical point Dollar Head and shoulders Vs. Euro Markets look to continue lower FINDI out performing – not falling as much, sideways, lagging RESI due to defensive status Major wave C on some charts... The general markets retrace from highs Watch Bond yields for negative continuation Commodities retrace from highs and profit taking Short positions on RESI Watch for re-entry at 50|89emas Food, General Retailers and Pharm reversing lower presents
Watch List May 2011 APN SHP, TRU, MPC Caution however in general retracement June 2011 General downside continuation Watch 1300 on SP500 presents