QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Oct-09 07:14 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart is exhibiting a strong bullish structure across all timeframes, with price action making new highs and momentum accelerating. The most recent swing pivot is a new high at 611.44, confirming the uptrend, while the next key support is at 560.38. All major long-term moving averages (20, 55, 100, 200 week) are trending upward and well below current price, reinforcing the strength of the trend. Resistance levels are being broken, and support levels are rising, indicating persistent buying pressure. The neutral bias in the session fib grids suggests price is extended above key equilibrium zones, but no reversal signals are present. The chart reflects a classic trend continuation environment, with higher highs and higher lows, and no significant signs of exhaustion or reversal. This environment is typically characterized by strong follow-through and limited retracements, favoring trend-following strategies for swing traders.


Chart Analysis ATS AI Generated: 2025-10-09 07:15 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.