Friday 16 December 2016

Watch out for this Major Time Turning Point

Hi Traders,

Gann numbers seem to be pointing to a very close TTP (time turning pointaround December 19 plus/minus 1 trading day.

If this occurs, the US Dollar might temporarily top-and-reverse with major repercussions over the whole spectrum of currencies and commodities.

NOTE: volatility could be wilder across the commodities then with the currencies.


GOLD (now at 1131): reversal in the area 1114-1129, TARGET: around 1476 or the area 1526-1532.

WTI OIL (now at 51.17): reversal in the area 49.70-49.87, TARGET: area 61.49-63.58.

EURUSD (now at 1.0438): reversal in the area 1.028-1.036, TARGET: 1.138.

AUDUSD (now at 0.7358)reversal around 0.7330, TARGET: 0.7468.

USDSGD (now at 1.4413): reversal in the area 1.4685-1.4725, TARGET: around 1.41 and also 1.37.

USDJPY: (now at 118.09): reversal in the area 118.8-120.3, TARGET: 110.72-111.89.