QQQ PowerShares QQQ Daily Chart Analysis: 2025-Aug-04 07:12 CT

Price Action

• Last: 553.88,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2025

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 551.08,
• 4. Pvt. Next: Pvt High 574.63,
• 5. Levels R: 574.63, 561.30, 547.63,
• 6. Levels S: 551.08, 523.65, 510.54.

Daily Benchmarks

• (Short-Term) 5 Day: 566.08 Down Trend,
• (Short-Term) 10 Day: 565.03 Down Trend,
• (Intermediate-Term) 20 Day: 560.44 Down Trend,
• (Intermediate-Term) 55 Day: 540.13 Up Trend,
• (Long-Term) 100 Day: 526.04 Up Trend,
• (Long-Term) 200 Day: 510.54 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

The QQQ daily chart shows a sharp recent pullback, with large bars and fast momentum to the downside, breaking below short-term moving averages (5, 10, 20-day), all of which have turned down. The short-term swing pivot trend has shifted to a downtrend, while the intermediate-term HiLo trend remains up, indicating a possible corrective phase within a larger uptrend. Key resistance is at 574.63 and 561.30, with immediate support at 551.08 and further below at 523.65 and 510.54. The 55, 100, and 200-day moving averages are still trending up, supporting a bullish long-term structure. ATR is elevated, and volume is above average, suggesting heightened volatility and active participation. The overall structure points to a short-term bearish/corrective move within a longer-term bullish trend, with the market currently testing key support levels after a strong rally.