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WEALTH SKILLS CLUB TODAYS DISCUSSION: MARKET OVERVIEW: GLOBAL, LOCAL AND SECTOR MARKET OVERVIEW: GLOBAL, LOCAL AND SECTOR PRICE RELATIVE SECTORS TO FOCUS.

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Presentation on theme: "WEALTH SKILLS CLUB TODAYS DISCUSSION: MARKET OVERVIEW: GLOBAL, LOCAL AND SECTOR MARKET OVERVIEW: GLOBAL, LOCAL AND SECTOR PRICE RELATIVE SECTORS TO FOCUS."— Presentation transcript:

1 WEALTH SKILLS CLUB TODAYS 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 Monthly charts

10 SHANGHAI LT 3-day chart

11 SHANGHAI

12 DAX

13 RESI Long term

14 RESI

15 FINDI

16 FINI

17 INDI © 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

21

22 GND © 2011 Wealth Skills | www.wealthskills.co.za presents

23 OIL © 2011 Wealth Skills | www.wealthskills.co.za presents

24 Daily PR: OIL – Watch 89ema Support; watch US Dollar © 2011 Wealth Skills | www.wealthskills.co.za presents

25 Daily PR: PHARM – Defensive & tested the 89ema; PR Strong! © 2011 Wealth Skills | www.wealthskills.co.za presents

26 Daily PR: GENI- sideways channel; watch trend line on lows around 89ema © 2011 Wealth Skills | www.wealthskills.co.za presents

27 Daily PR: ALTx15- above 89ema major support 345 below trending pair; 4EMAx up © 2011 Wealth Skills | www.wealthskills.co.za presents

28 Daily PR: ELEE – Sideways shuffle; with symmetrical triangle; Caution! Watch PR sideways © 2011 Wealth Skills | www.wealthskills.co.za presents

29 Daily PR: INDE – Sideways Price Relative © 2011 Wealth Skills | www.wealthskills.co.za presents

30 Daily PR: INDT - Very volatile sector © 2011 Wealth Skills | www.wealthskills.co.za presents

31 Daily PR: RESI – @ trend line low support@ 51000 with USD retracement. © 2011 Wealth Skills | www.wealthskills.co.za presents

32 Daily PR: BASM – reverse head and shoulders reached target; then retraced to hammer for resistance @ EMAs. USD strength © 2011 Wealth Skills | www.wealthskills.co.za presents

33 Daily PR: IINDI – above trend line ; @ action point of trend lines © 2011 Wealth Skills | www.wealthskills.co.za presents

34 Daily PR: FOOR PR Strong! 50Ema major support © 2011 Wealth Skills | www.wealthskills.co.za presents

35 Daily PR: CONG – pull back to support @ 89ema and possibly wave 5 ; watch PR Strong © 2011 Wealth Skills | www.wealthskills.co.za presents

36 Daily PR: CONS – Textbook 4EMA x up; 54700 support @ 89ema © 2010 Wealth Skills | www.wealthskills.co.za presents

37 Daily PR: TELE – resistance @71000! Testing trend line lows © 2011 Wealth Skills | www.wealthskills.co.za presents

38 Daily PR: TRAV – Watch 89ema Support; possible reverse head and shoulders © 2011 Wealth Skills | www.wealthskills.co.za presents

39 Daily PR: TECH – 5 wave cycle count; 50ema support – Watch the channel lows & highs © 2011 Wealth Skills | www.wealthskills.co.za presents

40 Daily PR: MTEL – Tested resistance@ 240; mainly sideways ranged © 2011 Wealth Skills | www.wealthskills.co.za presents

41 Daily PR: GERE –3EMA x up rally; 89EMA test @ support; Above 4600. PR positive! © 2011 Wealth Skills | www.wealthskills.co.za presents

42 Daily PR: HEAL – Watch 89ema support @ 33800; MINI double - top © 2011 Wealth Skills | www.wealthskills.co.za presents

43 Daily PR: BANKS – say no more… © 2011 Wealth Skills | www.wealthskills.co.za presents

44 Daily PR: INDI - 89ema retest @ 28000 – PR caution © 2011 Wealth Skills | www.wealthskills.co.za presents

45 Daily PR: MINI – Under performing; Critical EMA testing @ resistance @ 33900 © 2011 Wealth Skills | www.wealthskills.co.za presents

46 Daily PR: HOUS – watch rising wedge; moving higher © 2011 Wealth Skills | www.wealthskills.co.za presents

47 Daily PR: FORE – watch 89ema resistance; Bearish © 2011 Wealth Skills | www.wealthskills.co.za presents

48 Daily PR: INDM – 89ema support to hold – PR weak © 2011 Wealth Skills | www.wealthskills.co.za presents

49 Daily PR: AUTM – illiquid 3ema; best performer of 2011; likely to move higher in 2012 © 2011 Wealth Skills | www.wealthskills.co.za presents

50 Daily PR: FOOD – PR Positive; watch 50EMA support @ 52000 ; 4EMA x up continues © 2011 Wealth Skills | www.wealthskills.co.za presents

51 Daily PR: GOLD – PR weak; 3225 resistance Pull back to support @ 89ema; trading pair x down! D-top! © 2011 Wealth Skills | www.wealthskills.co.za presents

52 Daily PR: CHES – illiquid- PR recovery; Retracing cycle to 78% @ 14000 © 2011 Wealth Skills | www.wealthskills.co.za presents

53 Daily PR: PLAT – USD strength; 3EMAx down to 59 pts; PR poor; Bearish & under performing © 2011 Wealth Skills | www.wealthskills.co.za presents

54 Daily PR: GENF – PR POOR; Below EMAs; d-top @ neckline © 2011 Wealth Skills | www.wealthskills.co.za presents

55 Long Term OIL: PR strong! watch USD! © 2011 Wealth Skills | www.wealthskills.co.za presents

56 Long Term PR: PERG – d-bottom reached ; PR Strong © 2011 Wealth Skills | www.wealthskills.co.za presents

57 Long Term PR: HEES- Testing 50ema © 2011 Wealth Skills | www.wealthskills.co.za presents

58 Long term PR: PHARM support @ 50ema; Price Relative Strong weekly!!

59 Long term PR: ALTX 15 breaks 89ema Resistance with 3EMAx up

60 Long Term PR: GENI/INDE

61 Long Term PR: INDE/INDT- @50|89ema support to bearish trend test

62 Long Term PR: SUPS- 89ema broke, 3EMA down; trend line resistance - bearish

63 Long Term PR: RESI - 55000 resistance retest! EMAs all converging; chart below 50ema @ 52150

64 Long Term PR: IIND Poor PR potential 3EMA x up with 89ema support

65 Long Term PR: CONG/FOOR Watch supports; PR Strong; Foor @ 238% FIB

66 Long Term PR: TELE – watch 89ema; sideways shuffle

67 Long Term PR: CONS breakout of resistance; 50ema support

68 Long Term PR:TECH watch support; PR strong

69 Long Term PR: /GERE Watch 50ema support – defensive; Above the channel PR strong

70 Long Term PR: NLIFE

71 Long Term PR: INDI support held – watch break out

72 Long Term PR: Mining – testing 50ema; Poor PR; Watch USD!

73 Long Term PR: METL – poor PR & bearish

74 Long Term PR: AUTM PR Strong; illiquid

75 Long Term PR: BEVR Tested 50|89ema as support with break out! PR Strong

76 Long Term PR: Food Tested 50|89ema as support with break out! PR STRONG

77 Long Term PR: ALTx Tested 50|89ema as support with break out! PR STRONG!!

78 Long Term PR: GOLD 3EMA x up with PR STRONG; possible retracement to 20|50ema @ 2870

79 Long Term PR: PLAT 3EMA x DOWN with PR POOR; possible retracement to previous low

80 EXECUTIVE SUMMARY COMMENTS: Markets continue to be volatile; Bullish bounce @ support! INDI out performing – not falling as much, sideways, lagging RESI due to defensive status! Commodities look to suffer from USD strength Caution PR Poor: TRAV, METL, RESI, PLAT, FORE, MINI, BANK, FTEL, IIND, BASM, SUPS, Price Relative strong: FOOD, FOOR, CONG, CONS, GERE, OIL, BEVR, ALTx JSE RESI continues to be under pressure ALTx triggers break out & economic growth phase kick started www.wealthskills.co.za presents

81 EXECUTIVE SUMMARY July 2011 BI-ANNUAL LONG TERM PERFORMERS: CONG, PERG, Watch CONS, GERE, IIND FOOD Gold price Silver price December 2011 Long term Performers: Foor Bevr AUTM ALTx www.wealthskills.co.za presents

82 Watch List December: Watch precious metals – weakness Historical precious metal momentum in Dec OIL, FOOR, ALTx, Check RESI, BASM, MINI for momentum around 52000 level either lower/higher Break stronger for USD below 1.32 :EUR following retracement to 1.35/1.36. Caution: FTEL, TELE, BANK www.wealthskills.co.za presents

83 Watch List January: ALTx USD to test 1.32 before moving stronger to 1.28 Commodities to retrace but if stronger USD they will continue lower. Consider the double tops across the charts. www.wealthskills.co.za presents


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