US markets gain 5.8%,biggest point gain since Nov 2008

Dow Jones Rallied 5.8% on Tuesday to close at 6926 a rise of 379 points.This is the biggest gain since November 2008.Asian markets were also trading higher on the back of US markets with Japans Nikkie up 4.6%.Analysts though were cautious on the durablity of the upmove,the follow up buying if it comes will take away the fears.Dow has given a buy signal in yesterdays close,which has to be further confirmed by giving a close above 6951.Then we could see a relief rally in the coming days,which also coincides with our time cycle date of March 13th on Friday which is assumed to be a bottom.I am expecting one significant turn around, probably up in between the two time cycle dates of March 13th and March 26th.A decisive rise above 7100 in dow would confirm that the down leg started in Jan 2009 has ended and we could see a 15-20% upmove in this rally.