Download presentation
Presentation is loading. Please wait.
Published byHarvey O’Connor’ 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 © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
2
S&P 500 MT © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
3
S&P 500 ST © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
4
S&P 500 ST © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
5
DJ © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
6
30yr Daily
7
All SHARE
8
Monthly charts
9
SHANGHAI LT 3-day chart
10
SHANGHAI
11
DAX
12
RESI Long term
13
RESI
14
FINDI
15
FINI
16
INDI © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
17
Plat Price © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
18
GOLD © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
19
Gold Price © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
21
GND © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
22
OIL © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
23
Daily PR: OIL – It channelled to 15500 before collapsing back below the 89ema and all other EMAs. © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
24
Daily PR: PHARM – Positive continuation pattern after testing 89ema. A sector favourite. © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
25
Daily PR: GENI- Retraced to 89ema; Follow the ABC wave retracement before a continuation. Watch the 89ema © 2011 Wealth Skills | www.wealthskills.co.za presents
26
Daily PR: ALTx15- 440 as major support; PR negative now. Continue watching... © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
27
Daily PR: ELEE – Negative cycle, illiquid though! Underperforming © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
28
Daily PR: INDE – Sideways action 89ema support; illiquid & PR strong. Watch 89ema! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
29
Daily PR: INDT – Passed target; PR struggle; watch trend line support © 2011 Wealth Skills | www.wealthskills.co.za presents
30
Daily PR: RESI –PR weak & wave 5 bearish cycle down. 89Ema test and drop...46550!! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
31
Daily PR: BASM – Wave 5 cycle down USD. Negative divergence & under performing © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
32
Daily PR: IINDI – NOW @ 423% FIB! Major support @ 89ema with trend line as well. PR Strong © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
33
Daily PR: FOOR - Support @ 89ema to bounce again with defence @ 3EMAx! 10Ema support © 2011 Wealth Skills | www.wealthskills.co.za presents
34
Daily PR: CONG – Remains above 31500 support. 38% FIB test & bounce. Caution! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
35
Daily PR: CONS – rally continues with 89ema rough support; PR strong © 2012 Wealth Skills | www.wealthskills.co.za presents
36
Daily PR: TELE – say no more! © 2012 Wealth Skills | www.wealthskills.co.za presents
37
Daily PR: TECH – 5 wave cycle count; 89ema test support – Watch the channel lows & highs © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
38
Daily PR: MTEL – Do you want to be in this sector? Under performing © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
39
Daily PR: GERE – PR positive! 89ema Support! Defensive sector © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
40
Daily PR: HEAL – 20ema held as support; PR moving up again, HIT 423% FIB target © 2011 Wealth Skills | www.wealthskills.co.za presents
41
Daily PR: BANKS – Challenge achieved! Slight negative divergence now. Watch 89ema © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
42
Daily PR: INDI - It's still holding support on 89ema while growth phase sets up. © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
43
Daily PR: MINI – Major wave 5 cycle down; watch USD. Possible Halle berry– PR weak! © 2011 Wealth Skills | www.wealthskills.co.za presents
44
Daily PR: HOUS – 200% FIB HIT! Retracement to 61% FIB; PR WEAK! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
45
Daily PR: FORE – Moved to 78% Danger zone! Keep 89ema as support. Evening Star... © 2011 Wealth Skills | www.wealthskills.co.za presents
46
Daily PR: AUTM – illiquid; moved 40% higher in 2012. Some weakness shooting stars © 2011 Wealth Skills | www.wealthskills.co.za presents
47
Daily PR: FOOD – PR Negative; watch 89EMA support; Defensive but weak! © 2011 Wealth Skills | www.wealthskills.co.za presents
48
Daily PR: GOLD – PR Poor; 61% FIB retracement; Negative continuation lower with USD strong © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
49
Daily PR: CHES – illiquid- PR Strong; HIT our 161% Rally target; 14400 support © 2011-2012 Wealth Skills | www.wealthskills.co.za presents
50
Daily PR: PLAT – USD stronger; bounce @ 261% FIB with negative bias; under performing © 2012 Wealth Skills | www.wealthskills.co.za presents
51
Daily PR: GENF – PR WATCH ; Morning star reversal to break resistance. Watch 20ema © 2011 Wealth Skills | www.wealthskills.co.za presents
52
Long Term OIL: PR weak now! watch USD! Major negative divergence on MACD. Broke 89ema… © 2011 Wealth Skills | www.wealthskills.co.za presents
53
Long Term PR: PERG – long term performer; PR sideways © 2011 Wealth Skills | www.wealthskills.co.za presents
54
Long Term PR: HEES- Continues higher with caution short term © 2011 Wealth Skills | www.wealthskills.co.za presents
55
Long term PR: PHARM - HIT FIB target 200% ; Price Relative Strong weekly!! A favourite sector 20ema support!
56
Long term PR: ALTX 15 pullback; PR WATCH! 89Ema test!
57
Long Term PR: GENI/INDE some sideways action & consolidating
58
Long Term PR: INDT- Fantastic break out rallies to 200 % FIB on 3EMAx up!
59
Long Term PR: SUPS- NOW retest EMAs as support! Sideways shuffle
60
Long Term PR: RESI – 46500 support! Remains bearish/negative; 89ema resistance. PR weak!
61
Long Term PR: IIND PR broke up 3EMA x up; good fundamental economic sign; 161% FIB…sideways action @ 20ema
62
Long Term PR: CONG/FOOR PR Strong; Sideways shuffle consolidation
63
Long Term PR: TELE – watch 89ema; sideways shuffle
64
Long Term PR: CONS breakout of resistance; 89ema support PR Strong! Edging along…
65
Long Term PR:TECH Price Relative strong; Trend support continues
66
Long Term PR: /GERE Trend @ 20ema – defensive; Above the channel PR strong; @ 261% FIB extension PLUS…
67
Long Term PR: BANKS Watch 20ema PR strong; Target 261% FIB to wave 3 cycle; Great sign for Economy!
68
Long Term PR: NLIFE; continues to move higher
69
Long Term PR: LIFE- 3EMAx up Watch 20ema. PR stable
70
Long Term PR: INDI 20ema support – strong trend & PR strong
71
Long Term PR: Mining – Poor PR; 89ema weekly broke; 30000 support
72
Long Term PR: METL – poor PR with EMA pull back after rally. 89ema critical resistance now! Shooting stars
73
Long Term PR: AUTM PR under stress; illiquid. Retracing now
74
Long Term PR: BEVR Testing 20ema support momentum PR Strong;
75
Long Term PR: Food Remains defensive PR STRONG – use 20ema weekly as support
76
Long Term PR: ALTx Test 50|89ema as support; Watch carefully. Looking a bit weak at present. Symmetrical triangle formation…break to follow
77
Long Term PR: GOLD PR weak! 50Ema retest in relief rally. Remains volatile.
78
Long Term PR: PLAT - Long term PR POOR; Remains negative…Trend line resistance
79
EXECUTIVE SUMMARY July: General volatility remains in the market with mixed messages and news Rescue plans being discussed versus drop out candidates from the EU... There is not much going on with the BONDS either so that the equity markets are rather meek and with little substance behind them so far. Commodities appear to be confirming weaker movement Automobile sector retracing now after hitting 40% in 2012! Pharm, banks and GERE as well as FOOR tend to remain defensive despite market turmoil. Caution PR Poor: TRAV, FOOD, HOUS, GOLD, AUTM, METL, RESI, PLAT, MINI, FTEL, BASM, SUPS, Price Relative strong: FOOR, CONG, CONS, GERE, BEVR, BANKS, GENF www.wealthskills.co.za presents
80
EXECUTIVE SUMMARY December 2011 Long term Performers: Foor Bevr AUTM ALTx TECH GERE www.wealthskills.co.za presents
81
Watch List May: GENI, LIFE, IIND and INDT all reaching targets and looking PR strong. Some caution in the short term. Watch GOLD again for A, B & C movement. Generally, markets continue to be top heavy but economic growth phase is in progress. Defensive sectors described above continue to prove safe havens for reasonably low risk for returns Possible Halle Berry on RESI but USD relative www.wealthskills.co.za presents
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.