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February 16, 2018 | Dollar Setup & Yen Breakout

Eric Hadik began studying & trading the futures markets in the early-80’s - eventually providing his analysis & trading strategies to multi-national oil companies & top-20 banks. In the 90’s, while continuing to trade, Eric consulted dozens of gold & silver miners & manufacturers - before founding INSIIDE Track Trading and providing similar analysis to institutional & individual traders. His work has been featured in IBD, WSJ, Barrons, on CNBC and most recently at Forbes. His trading approach begins with extensive cycle & wave analysis, then honed by specific technical indicators & trading signals (which are reserved for his subscribers).

At the end of June 2017, as the Dollar Index was turning its monthly trend down, it also turned its monthly 21 MAC down while closing below the low of that channel. That triggered the accelerated drop into early-Sept. 2017. All that, however, was just the first leg down – when normally correlated markets ignore potentially negative action in a form of denial.

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February 16th, 2018

Posted In: Insiide Track

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