QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Oct-05 18:13 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart displays a strong bullish structure, with price making new highs and momentum accelerating. All major swing pivot trends (short and intermediate) are in uptrends, and the most recent pivot is a high at 602.97, with the next significant support at 556.29. Resistance levels above are relatively close, but the price is currently well above all key moving averages, which are all trending upward, confirming the strength of the long-term trend. The neutral bias in the session fib grids suggests the market is not overextended relative to its yearly and monthly ranges, supporting the sustainability of the current move. The overall technical landscape is characterized by trend continuation, with higher highs and higher lows, and no immediate signs of reversal or exhaustion. This environment is typically favorable for trend-following swing strategies, with volatility and momentum supporting further upside as long as key support levels hold.


Chart Analysis ATS AI Generated: 2025-10-05 18:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.