Market Update – May 2012 Daryl Montgomery May 22, 2012 Copyright 2012, All Rights Reserved The...

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Market Update – May 2012

Daryl MontgomeryMay 22, 2012

Copyright 2012, All Rights Reserved

The contents of this presentation are not intended as a recommendation to buy or sell any security.

Background Material for Charts

• Moving Averages – 50-day, 200-day, 325-day or 10-week, 40-week, 65 week

• RSI – relative strength index, 80-overbought, 20 oversold, 50 divides bearish and bullish

• MACD – moving average convergence divergence, zero divide bullish bearish, peak and bottom numbers variable

• DMI – Directional Movement Index, +DI (blue), -DI (red) and trend line (black).

Market Summary

• Large number of stock markets globally have technically broken down (U.S. exception).

• VIX hits 25 target.

• Gold and silver just tested support.

• U.S. interest rates around all-time lows.

• Dollar heading toward big rally.

• 325-day, 200-day moving average relationship odd.

• Stock/commodity markets should be weak into the summer.

Major Markets

VIX 3-Years Weekly

10, 40, 65-Week Moving Average and RSI, DMI, MACD

VIX 3-Month Daily

50, 200, 325-Day Moving Average and RSI, DMI, MACD

Dow Jones 3-Years Weekly

10, 40, 65-Week Moving Average and RSI, DMI, MACD

Dow Jones Transportation 3-Years Weekly

10, 40, 65-Week Moving Average and RSI, DMI, MACD

S&P 500 3-Years Weekly

10, 40, 65-Week Moving Average and RSI, DMI, MACD

Nasdaq 3-Years Weekly

10, 40,65-Week Moving Averages, RSI, DMI, MACD

Russell 2000 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

UK FTSE 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

German DAX 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

France: CAC-40 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

Japan: Nikkei 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

Emerging Market Indices

Hong Kong Hang Seng 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

Brazil Bovespa 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

India Sensex 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Shanghai Composite 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Russia RTS 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Commodities

GOLD ETF: GLD 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

GOLD ETF: GLD 7-Years Monthly

40 Month Moving Average, RSI, DMI, MACD

Mining ETF GDX 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Mining ETF GDXJ 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Silver ETF SLV 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

WTI Crude Oil 2-Years Weekly

CA:U (Uranium) 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

KWT Solar ETF 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

Copper ETF JJC 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

Agriculture ETF RJA 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

Currencies

U.S. $ DXY 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Euro FXE 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Swiss Franc FXF 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Australian $ FXA 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Canadian $ FXC 3-Years Weekly

10, 40, 65-Week Moving Averages and RSI, DMI, MACD

Bonds

30-Year Treasury Yield 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD

10-Year Treasury Yield 3-Years Weekly

10, 40, 65-Week Moving Averages, RSI, DMI, MACD