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 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 – Morning Star; 3EMA x up to 161% – watch US Dollar © 2011 Wealth Skills | presents
Daily PR: PHARM – Defensive above trending pair 50|89; PR Strong! © 2011 Wealth Skills | presents
Daily PR: GENI- sideways channel; watch PR turning poor © 2011 Wealth Skills | presents
Daily PR: ALTx15- above 89ema major support 345 below trending pair © 2011 Wealth Skills | presents
Daily PR: ELEE – Upward moving channel; 89ema new support; watch PR sideways © 2011 Wealth Skills | presents
Daily PR: INDE – Sideways Price Relative © 2011 Wealth Skills | presents
Daily PR: INDT double top downside reached target after wave 3 down; hammer upside © 2011 Wealth Skills | presents
Daily PR: RESI –rising wedge channel with reverse head and shoulders target © 2011 Wealth Skills | presents
Daily PR: BASM – reverse head and shoulders from neck line © 2011 Wealth Skills | presents
Daily PR: IINDI – back inside channel; under performing above 89ema © 2011 Wealth Skills | presents
Daily PR: FOOR 3EMA break up and PR Strong! 50Ema major support © 2011 Wealth Skills | presents
Daily PR: CONG – 150% resistance pull back to support ; PR Strong © 2011 Wealth Skills | presents
Daily PR: CONS – Textbook 4EMA x up; testing resistance now- watch support © 2010 Wealth Skills | presents
Daily PR: TELE – below EMAs! © 2011 Wealth Skills | presents
Daily PR: TRAV – Break and continuation down; 50ema resistance; PR poor © 2011 Wealth Skills | presents ;
Daily PR: TECH – Morning star above 89ema; 5 wave cycle count – 50ema support © 2011 Wealth Skills | presents
Daily PR: MTEL – Tested 290; downward channel – mainly sideways ranged © 2011 Wealth Skills | presents
Daily PR: GERE – test of trend line low bounce; 3EMA x up rally to 46500; PR positive! © 2011 Wealth Skills | presents
Daily PR: HEAL – Watch 50ema support © 2011 Wealth Skills | presents
Daily PR: BANKS – Just sideways... © 2011 Wealth Skills | presents
Daily PR: INDI - sideways shuffle around EMAs – PR positive © 2011 Wealth Skills | presents
Daily PR: MINI – Under performing; Reverse head and shoulders, above 89ema support. © 2011 Wealth Skills | presents
Daily PR: HOUS – watch rising wedge © 2011 Wealth Skills | presents
Daily PR: FORE – watch 50ema resistance © 2011 Wealth Skills | presents
Daily PR: INDM – Trend line support to hold – PR weak © 2011 Wealth Skills | presents
Daily PR: AUTM – illiquid 3ema © 2011 Wealth Skills | presents
Daily PR: FOOD – PR Positive; watch EMAs; break up above 89ema © 2011 Wealth Skills | presents
Daily PR: GOLD – PR Strong Wave 4 pull back to 89ema; trading pair x up © 2011 Wealth Skills | presents
Daily PR: CHES – sideways illiquid- PR poor © 2011 Wealth Skills | presents
Daily PR: PLAT – 89ema resistance; Watch for break © 2011 Wealth Skills | presents
Daily PR: GENF – 2020 support with Morning Star; 89ema break – rev hns potential © 2011 Wealth Skills | presents
Long Term PR: 3 EMA x up; 78% retracement or higher; watch USD! © 2011 Wealth Skills | presents
Long Term PR: PERG – testing 89ema support after break; 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 Pull back to Support
Long Term PR: GENI/INDE
Long Term PR: support to bearish trend test
Long Term PR: SUPS- 89ema broke, 3EMA down; trend line resistance watch
Long Term PR: RESI 50ema retest after break down; still under performing – resistance retest!
Long Term PR: IIND Poor PR potential 3EMA x up with 89ema support
Long Term PR: CONG/FOOR Watch supports; PR Strong
Long Term PR: TELE – watch 89ema
Long Term PR: CONS breakout of resistance; 50ema support
Long Term PR:TECH watch support
Long Term PR: /GERE Watch 50ema support – defensive; 3EMA weekly x up
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 Testing 20ema; illiquid
Long Term PR: Food Tested 50|89ema as support with break out!
EXECUTIVE SUMMARY COMMENTS: Markets continue to be volatile INDI out performing – not falling as much, sideways, lagging RESI due to defensive status but weakening! JSE ALSH Monthly Bearish Trigger down with bearish reversals; 50ema Monthly is followed by 89ema monthly Reverse head and shoulders patterns kick in; yet to break resistance to rally higher Commodities look to benefit from weaker USD Caution: TELE, TRAV, Price Relative strong: FOOD, FOOR, CONG, CONS, GERE presents
EXECUTIVE SUMMARY BI-ANNUAL LONG TERM PERFORMERS: CONG, PERG, Watch CONS, GERE, IIND FOOD Gold price Silver price presents
Watch List November: Watch precious supports Pharm defensive Food as well Lookout for Pull back from resistance to test 50emas Watch ALTX, GERE, FOOR, FOOD, Caution for pull back: CONG, R1 presents