QQQ PowerShares QQQ Daily Chart Analysis: 2025-Aug-07 07:13 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

The QQQ daily chart presents a strong bullish structure across all timeframes, with price action holding above all key moving averages and the most recent swing pivots confirming an uptrend. The last price is consolidating just below recent highs, with resistance at 574.63 and support levels layered below at 542.13 and 523.95. Momentum is average, and volatility (ATR) remains elevated but stable, suggesting healthy participation. Volume is moderate, with no major spikes indicating distribution or panic. The neutral bias on the session fib grids (weekly, monthly, yearly) suggests the market is in a digestion phase after a strong rally, possibly awaiting new catalysts. The overall technical landscape favors trend continuation, with higher lows and higher highs dominating the chart, and no immediate signs of reversal or exhaustion. Patterns show a series of inside bars and minor pullbacks, typical of a trending market pausing for breath. For a futures swing trader, the environment remains constructive for trend-following strategies, with clear levels to monitor for potential breakout or retracement scenarios.


Chart Analysis ATS AI Generated: 2025-08-07 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.