Looks like Europe will be waking up just a little bit to late to actually profit from this short opportunity.
You are right. 
When I woke up the big (usual weekend) crash was already over and it was 3:00 am. Made very little profit on a flashcrash but still a good learning opportunity. Looking forward to the responses (up or down?).
I think Europe is going to wake up and buy, lot of people waiting for this opportunity.
I dont think so, with a rise so quick, its only a few hours of people who were queued up waiting for a better entry point. The rest market order or bid.