What Comes Next …

The Qs retraced as anticipated but so did Corning (GLW), in more dramatic fashion.

Looking at the chart, note how the Fibonacci retrace levels ‘fit’ GLW price action.

The down-draft energy dissipated after the initial collapse, so what happens tomorrow is important.

As of this post, in the after-hours, the Qs are at just at their session lows and edging higher (not advice, not a recommendation).

Stay Tuned

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The Danger Point®, trade mark: No. 6,505,279