QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Aug-03 18:09 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 high at 553.88, with the next key support at 513.07 and deeper support at 423.67 and 395.07. All benchmark moving averages are trending upward, confirming the strength of the uptrend. The price is well above all major moving averages, indicating robust trend continuation. The neutral bias in the session fib grids suggests the market is not currently at a major inflection point, but rather in a sustained advance. The chart reflects a classic trend continuation environment, with large bullish bars and fast momentum, typical of a strong rally phase. No significant resistance levels are overhead, and the market is in a clear uptrend, supported by both short- and long-term technicals.


Chart Analysis ATS AI Generated: 2025-08-03 18:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.