Monday at 22:00 the DOW closed at 13.886. Tuesday Europe got a low at 14:00 at 13.857 - that is below the close in the US. Sideways for a while and then the 8 MA turns up and later crosses the 21 MA on upside (upside cross) starting a strong rally until 30 min before US closed at 13.968. Very very often this happens when the trend is below yesterdays close in the U.S. at opening. A US short covering starts which can be powerful as yesterday. In these situations be very careful, that is my message.
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