Cowabunga System Daily Update: Tuesday, 10/07/08
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Main Trend
Current Trend= The trend remained down the entire day.
Today I only looked for short trades
News events to watch for today :
- 4:30am EST- UK Manufacturing Production
- 1:15pm EST- Bernanke Speaks
- 2:00pm EST- FOMC Meeting Minutes
Today's Surf
2:45am EST- There was a moving average crossover for a short trade but RSI was greater than 50 and MACD was already negative. No entry.
Trade Result: +0 pips R-Multiple: N/A
News events to watch for tomorrow :
- 10:00am EST- US Pending Home Sales
For a complete list of news events check out our News Section

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