The XJO (ASX 200) has taken a beating of late. Closed today @...

The XJO (ASX 200) has taken a beating of late.

Closed today @ 5363
Right now ~9.30 PM the CFD is 5364 so has not moved.

Wall Street ...trending up
DAX.. German 30 ...ditto
FTSE 100 Cash ...ditto

Time for a cautious entry long for possible ~ 30 pts upside.
Maybe risk `10 points downside.
So the paramaters of
probability, risk, reward,
all look ok right now
(of course it can all change very quickly )

Buying......watching.

Cafeat emptor.