Download presentation
Presentation is loading. Please wait.
Published byHector Matthys Modified over 9 years ago
1
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 | www.wealthskills.co.za presents
2
S&P 500 MT © 2011 Wealth Skills | www.wealthskills.co.za presents
3
S&P 500 ST © 2011 Wealth Skills | www.wealthskills.co.za presents
4
S&P 500 ST © 2011 Wealth Skills | www.wealthskills.co.za presents
5
DJ © 2011 Wealth Skills | www.wealthskills.co.za presents
6
30yr Daily
7
30 YEAR TBOND
8
All SHARE
9
SHANGHAI LT 3-day chart
10
SHANGHAI
11
DAX
12
RESI Long term
13
RESI
14
FINDI
15
FINI
16
INDI © 2011 Wealth Skills | www.wealthskills.co.za presents
17
PLAT © 2011 Wealth Skills | www.wealthskills.co.za presents
18
Plat Price © 2011 Wealth Skills | www.wealthskills.co.za presents
19
GOLD © 2011 Wealth Skills | www.wealthskills.co.za presents
20
Gold Price © 2011 Wealth Skills | www.wealthskills.co.za presents
22
GND © 2011 Wealth Skills | www.wealthskills.co.za presents
23
OIL © 2011 Wealth Skills | www.wealthskills.co.za presents
24
Daily PR: OIL – 50|89ema Resistance EMAs act as resistance - poor © 2011 Wealth Skills | www.wealthskills.co.za presents
25
Daily PR: PHARM – Retesting 89ema © 2011 Wealth Skills | www.wealthskills.co.za presents
26
Daily PR: GENI- break down with retest of trending pair of EMAs © 2011 Wealth Skills | www.wealthskills.co.za presents
27
Daily PR: ALTx15- break below 89ema © 2011 Wealth Skills | www.wealthskills.co.za presents
28
Daily PR: ELEE – It moved lower with other sectors and remains bearish © 2011 Wealth Skills | www.wealthskills.co.za presents
29
Daily PR: INDE – 20ema resistance © 2011 Wealth Skills | www.wealthskills.co.za presents
30
Daily PR: INDT 89ema failed and shorts available – now retesting 50|89 © 2011 Wealth Skills | www.wealthskills.co.za presents
31
Daily PR: RESI –used 20ema as resistance in bearish cycle down © 2011 Wealth Skills | www.wealthskills.co.za presents
32
Daily PR: BASM – retest of 20ema © 2011 Wealth Skills | www.wealthskills.co.za presents
33
Daily PR: IINDI – 3EMA break down 20ema resistance © 2011 Wealth Skills | www.wealthskills.co.za presents
34
Daily PR: FOOR 3EMA sideways shuffle for now... © 2011 Wealth Skills | www.wealthskills.co.za presents
35
Daily PR: CONG – Bearish resistance cycle © 2011 Wealth Skills | www.wealthskills.co.za presents
36
Daily PR: CONS – @ resistance © 2010 Wealth Skills | www.wealthskills.co.za presents
37
Daily PR: TELE – Retesting resistance Out performing market © 2011 Wealth Skills | www.wealthskills.co.za presents
38
Daily PR: TRAV – Break and continuation down © 2010 Wealth Skills | www.wealthskills.co.za presents
39
Daily PR: TECH – Bearish cycle @ resistance © 2010 Wealth Skills | www.wealthskills.co.za presents
40
Daily PR: MTEL – Broken support retesting @ resistance of 89ema © 2011 Wealth Skills | www.wealthskills.co.za presents
41
Daily PR: GERE – Tested low with Morning star, found resistance @43390 © 2011 Wealth Skills | www.wealthskills.co.za presents
42
Daily PR: HEAL – Break support & now retesting resistance © 2011 Wealth Skills | www.wealthskills.co.za presents
43
Daily PR: BANKS – 4EMA break down and retest © 2011 Wealth Skills | www.wealthskills.co.za presents
44
Daily PR: INDI - break of 89ema with bearish cycle down © 2011 Wealth Skills | www.wealthskills.co.za presents
45
Daily PR: MINI – Under performing; To test resistance now; watch closely for break © 2011 Wealth Skills | www.wealthskills.co.za presents
46
Daily PR: HOUS – 89ema resistance watch rising wedge © 2011 Wealth Skills | www.wealthskills.co.za presents
47
Daily PR: FORE – watch break continuation down © 2011 Wealth Skills | www.wealthskills.co.za presents
48
Daily PR: INDM – Bearish continuation © 2011 Wealth Skills | www.wealthskills.co.za presents
49
Daily PR: AUTM - illiquid © 2011 Wealth Skills | www.wealthskills.co.za presents
50
Daily PR: FOOD - broken support; it retested and is continuing © 2011 Wealth Skills | www.wealthskills.co.za presents
51
Daily PR: GOLD – Retracement to 2465 support Wave 3 continuation upward as gold rallies © 2011 Wealth Skills | www.wealthskills.co.za presents
52
Daily PR: CHES – break lower- illiquid © 2011 Wealth Skills | www.wealthskills.co.za presents
53
Daily PR: PLAT – bearish @ old low © 2011 Wealth Skills | www.wealthskills.co.za presents
54
Daily PR: GENF – 4EMA x down bearish continuation © 2011 Wealth Skills | www.wealthskills.co.za presents
55
Long Term PR: OIL broke 50|89EMA; Remains bearish © 2011 Wealth Skills | www.wealthskills.co.za presents
56
Long Term PR: PERG – testing 89ema support after break © 2011 Wealth Skills | www.wealthskills.co.za presents
57
Long Term PR: HEES- Testing © 2011 Wealth Skills | www.wealthskills.co.za presents
58
Long term PR: PHARM support @ 89ema
59
Long term PR: ALTX 15 Pull back to Support
60
Long Term PR: GENI/INDE
61
Long Term PR: INDE/INDT- @50|89ema support to bearish trend test
62
Long Term PR: SUPS- watch 89ema support, 3EMA down
63
Long Term PR: RESI 89ema final support level, now resistance under performing.
64
Long Term PR: IIND 20ema support failed, testing 89ema resistance
65
Long Term PR: CONG/FOOR Watch supports
66
Long Term PR: TELE
67
Long Term PR: CONS
68
Long Term PR:TECH watch support
69
Long Term PR: /GERE Watch 50ema support – defensive
70
Long Term PR: NLIFE
71
Long Term PR: INDI breaking support - Watch
72
Long Term PR: Mining – Broken lower bearish
73
Long Term PR: METL – below& bearish
74
Long Term PR: AUTM Testing 20ema
75
Long Term PR: Food Tested 50|89ema as resistance
76
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 27033 followed by 24000 @ 89ema monthly www.wealthskills.co.za presents
77
EXECUTIVE SUMMARY BI-ANNUAL LONG TERM PERFORMERS: TELECOMS, CONG, PERG, Watch CONS, GERE, IIND CAUTION FOOD Gold price Silver price www.wealthskills.co.za presents
78
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 1.400-1.4400 range but could see break out weaker 1.44+ Remain in YEN, CHF hedges unless major breaks in trend occur Short weak sectors under performing www.wealthskills.co.za presents
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.