This document provides analysis and commentary on various financial markets and South African companies. Some key points discussed include: - Major market indexes like the Dow, FT100 and Dax as well as currencies like the Euro and Dollar. - Commodities like gold, oil and copper and shipping trends from the Baltic Dry Index. - South African mining companies like Anglo, Billiton and trends in the local market. - Analysis of various South African retailers and financial companies like Shoprite, Capitec and Reinet.

1. Dow

2. Dow

3. Dow

4. Dow

5. FT100

6. Dax…Never short the Dax…

7. Euro $

8. Euro $
• A volatile 2 weeks
• The FED shifted the goal posts.
• Normal unemployment changed from
5.2% to 5.5% down to 5.0 to 5.2%
• Interest rate policy is tied to
unemployment and the dollar fell.

9. Euro $...has the next leg down
started?

10. GBP$...bearish monthly close…

11. $ Rand

12. $ Rand…12.90 is still on.

13. Gold

14. GFI

15. Oil

16. Oil… double bottom nearly
confirmed.

17. Baltic Dry Shipping Index 5 year
chart…

18. Dr Copper

19. Anglo

20. Commodities
• Once again I hear experienced
analysts saying “Anglo cant go any
lower”… Sure…
• The Baltic dry is falling.
• Potential Gartley on Copper gives me
hope that the worst is nearly over.

21. Billiton

22. Billiton…watch for support at 786
of the last move up…Gartley 222

23. VectorVest Composite SA

24. VVSA Composite

25. Home Page

26. SA trends
• 1. Primary Wave UP
• 2. Underlying trend up since start of
2015
• 3. Reverse divergence between the
price and the MTI says a high
probability of another leg UP.
• 4. Be careful…we need a pullback
soon…

27. David's Pension

28. David Pension 2015

29. David's Pension …after the close
on the 2nd April…

30. Peregrine

31. Steinhoff…Dax proxy

32. Sappi

33. RMB

34. CCO…looks good

35. Reinet

36. Wescoal…Finally…

37. Sasol…Prices falling volume
falling…very positive…

38. Invicta…a commodity victim…

39. Remgro…charting a classic flag…

40. Woolies …reverse divergence…

41. Rhodes…looks excellent…

42. Astral…on its way…

43. Capitec

44. Cashbuild

45. Shoprite…is this the next BIG
move from a 3 year consolidation

46. Shoprite…plenty of time…a few
closes above the 21 ema …

47. Thank You
Written and presented by David William Paul