QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Aug-17 18:07 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 exhibiting strong bullish momentum, with price action making new highs and large, fast-moving bars. All major swing pivot trends (short and intermediate-term) are in uptrends, and the most recent pivot high aligns with the current price, confirming strength. Support levels are well-defined below, with the nearest at 514.38, while resistance is at the new highs. All benchmark moving averages from short to long-term are trending upward, reinforcing the prevailing bullish structure. The neutral bias in the session fib grids suggests price is extended above key equilibrium zones, but not showing signs of exhaustion or reversal. The overall technical landscape points to a robust uptrend, with no immediate signs of weakness or reversal, and the market is in a clear trend continuation phase.


Chart Analysis ATS AI Generated: 2025-08-17 18:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.