QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Aug-12 07:12 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart is showing strong bullish momentum across all timeframes, with price making new highs and large, fast-moving bars indicating aggressive buying. All benchmark moving averages are in uptrends, confirming the strength of the move. The swing pivot structure is in a clear uptrend, with the most recent pivot high at 572.85 and the next significant support at 514.38, suggesting a wide range for potential retracement. Resistance levels are being taken out, and support levels are well below current price, reflecting a market in a strong rally phase. The neutral bias on the session fib grids suggests price is extended but not yet at a major inflection. Overall, the technicals point to a continuation of the bullish trend, with the market in a breakout mode and no immediate signs of reversal or exhaustion. Volatility is elevated, and the trend structure remains intact, favoring trend-following strategies for swing traders.


Chart Analysis ATS AI Generated: 2025-08-12 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.