QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Aug-01 07:13 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart shows a strong bullish structure across all timeframes, with price making new highs and momentum accelerating. The most recent swing pivot is a new high at 565.01, with the next potential support at 545.06. All benchmark moving averages are trending upward, confirming the strength of the uptrend. Resistance is now at the recent high, while support levels are well below current price, indicating a significant cushion for any pullbacks. The neutral bias in the session fib grids suggests price is extended but not overbought, and there is no immediate sign of reversal. The overall environment is characterized by trend continuation, with large bars and fast momentum reflecting strong buying interest, likely supported by positive macro or sector news. Volatility remains elevated, but the structure favors trend-following strategies as higher lows and higher highs persist.


Chart Analysis ATS AI Generated: 2025-08-01 07:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.