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 © 2012 Wealth Skills | www.wealthskills.co.za presents

3. S&P 500 ST © 2012 Wealth Skills | www.wealthskills.co.za presents

4. S&P 500 ST © 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 © 2012 Wealth Skills | www.wealthskills.co.za presents

17. Plat Price © 2012 Wealth Skills | www.wealthskills.co.za presents

18. GOLD © 2012 Wealth Skills | www.wealthskills.co.za presents

19. Gold Price © 2012 Wealth Skills | www.wealthskills.co.za presents

20. GND © 2012 Wealth Skills | www.wealthskills.co.za presents

21. OIL © 2012 Wealth Skills | www.wealthskills.co.za presents

22. Daily PR: OIL – It moved below all EMAs. Breaking lower © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

23. Daily PR: PHARM – Positive continuation pattern after testing 89ema. A sector favourite. © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

24. Daily PR: GENI- F ollow the ABC wave retracement before a continuation. Below PR © 2012 Wealth Skills | www.wealthskills.co.za presents

25. Daily PR: ALTx15- 440 as major support; PR negative now. It's testing channel low. © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

26. Daily PR: ELEE – Negative cycle, illiquid though! Double bottom break up © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

27. Daily PR: INDE – Sideways action illiquid & PR strong. Watch 89ema! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

28. Daily PR: INDT – Passed target; PR Poor; watch 89ema support © 2012 Wealth Skills | www.wealthskills.co.za presents

29. Daily PR: RESI –PR weak & wave 5 bearish cycle down. 89Ema test and drop. 45000 S1 © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

30. Daily PR: BASM – Wave 5 cycle down USD. Negative divergence & under performing © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

31. Daily PR: IINDI – Holding with trend line as well. PR Strong © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

32. Daily PR: FOOR - Bounce @ 3EMAx! 20Ema support – watch PR © 2012 Wealth Skills | www.wealthskills.co.za presents

33. Daily PR: CONG – Caution @ resistance © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

34. Daily PR: CONS – rally continues with 20ema rough support; Watch PR © 2012 Wealth Skills | www.wealthskills.co.za presents

35. Daily PR: TELE – recent 3EMA x up © 2012 Wealth Skills | www.wealthskills.co.za presents

36. Daily PR: TECH – 5 wave cycle count; 89ema test support – Watch PR level now! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

37. Daily PR: MTEL – Do you want to be in this sector? Under performing © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

38. Daily PR: GERE – PR positive! 20ema Support! Defensive sector; Great trend line support!! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

39. Daily PR: HEAL – 20ema held as support; PR moving up again, HIT 423% FIB target © 2011 Wealth Skills | www.wealthskills.co.za presents

40. Daily PR: BANKS – Challenge achieved! Slight negative divergence now. Watch 89ema © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

41. Daily PR: INDI - It's still holding support on trend line while growth phase sets up. PR strong! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

42. Daily PR: MINI – Major wave 5 cycle down; watch USD. PR weak! © 2011 Wealth Skills | www.wealthskills.co.za presents

43. Daily PR: HOUS – Small positive divergence Retracement to 78% FIB; PR WEAK! © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

44. Daily PR: FORE – Break lower; channel break. PR weak. © 2011 Wealth Skills | www.wealthskills.co.za presents

45. Daily PR: AUTM – illiquid; It pulled back to bounce back to recent highs. Watch 50ema. © 2011 Wealth Skills | www.wealthskills.co.za presents

46. Daily PR: FOOD – PR Positive; 3EMAx up & Break above recent high. © 2011 Wealth Skills | www.wealthskills.co.za presents

47. Daily PR: GOLD – PR turning; Positive reversal @ previous low bounce to 50ema. Watch USD. © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

48. Daily PR: CHES – illiquid- PR Strong; HIT our 161% Rally target; 14400 support © 2011-2012 Wealth Skills | www.wealthskills.co.za presents

49. Daily PR: PLAT – USD stronger; Break lower @ previous low & under performing with 20ema resistance © 2012 Wealth Skills | www.wealthskills.co.za presents

50. Daily PR: GENF – PR WATCH ; Morning star reversal went well! Watch 50ema © 2012 Wealth Skills | www.wealthskills.co.za presents

51. Long Term OIL: PR weak now! watch USD! Minor positive divergence on BARS- Patience. 89EMA resistance! © 2011 Wealth Skills | www.wealthskills.co.za presents

52. Long Term PR: PERG – long term performer; Testing low trend line channel; watch support © 2012 Wealth Skills | www.wealthskills.co.za presents

53. Long Term PR: HEES- Continues higher with caution short term © 2011 Wealth Skills | www.wealthskills.co.za presents

54. Long term PR: PHARM - Price Relative Strong weekly!! A favourite sector 20ema support! Continuing higher!

55. Long term PR: ALTX 15 pullback; PR Weak! 89Ema test!

56. Long Term PR: GENI/INDE some continuation with PR support

57. Long Term PR: INDT- Fantastic 200% FIB! CAUTION NOW! MACD negative divergence!

58. Long Term PR: SUPS- Long tails to support; Otherwise bearish

59. Long Term PR: RESI – Remains bearish/negative; 89ema resistance. PR weak!

60. Long Term PR: IIND 161% FIB…sideways action @ 20ema; possible flag

61. Long Term PR: CONG/FOOR PR Strong; Momentum growing and break outs higher

62. Long Term PR: TELE – watch resistance for break up test

63. Long Term PR: CONS 20ema support PR Strong! Edging along…

64. Long Term PR:TECH Price Relative strong; Watch shooting star! Caution

65. Long Term PR: GERE Trend @ 20ema – defensive; Above the channel PR strong; Continues to out perform!

66. Long Term PR: BANKS Watch 20ema PR strong; Losing momentum for retracement/sideways movement

67. Long Term PR: NLIFE; some loss of momentum, watch 50ema

68. Long Term PR: LIFE- Watch 20ema. PR good

69. Long Term PR: INDI 20ema support – strong trend & PR strong

70. Long Term PR: Mining – Poor PR; 89ema weekly broke; 30000 support; looks negative

71. Long Term PR: METL – poor PR; 89ema critical resistance now! Shooting stars

72. Long Term PR: AUTM PR under stress; illiquid. Bounce higher = Watch 20ema

73. Long Term PR: BEVR Testing 20ema support momentum PR Strong; Positive continuation momentum

74. Long Term PR: Food Remains defensive; positive continuation PR STRONG – use 20ema weekly as support

75. Long Term PR: ALTx Broke EMAs; Bearish trend now. PR weakness

76. Long Term PR: GOLD PR weak! 50Ema retest in relief rally.Remains volatile. Testing recent low with potential d- bottom. Caution!

77. Long Term PR: PLAT - Long term PR POOR; Remains negative…Trend line resistance; continuing lower

78. EXECUTIVE SUMMARY August: General volatility remains in the market with mixed messages and news RE: rescue plans being discussed versus drop out candidates from the EU...Quantitative easing... Spain!? Movements are short and sharp when they do go... Commodities appear to be continuing weaker movement 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, INDI Banks looking to reconcile / move sideways for short term www.wealthskills.co.za presents

79. EXECUTIVE SUMMARY July 2012 Long term Performers: FOOR AUTM TECH GERE Pharm CONS www.wealthskills.co.za presents

80. Watch List AUGUST GENI, LIFE, IIND and INDT all reaching targets Some caution in the short term. Watch JSE GOLD sector looking to relief rally with weaker RAND 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 Banks losing momentum GERE and PHARM rally once again after small retracements www.wealthskills.co.za presents