QQQ PowerShares QQQ Daily Chart Analysis: 2025-Oct-12 18:10 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

The QQQ daily chart shows a sharp recent selloff, with large bars and fast downside momentum, pushing price to a new swing low at 589.50. The short-term trend has shifted to down (DTrend), confirmed by all short-term moving averages (5, 10, 20 day) turning down. However, intermediate and long-term moving averages (55, 100, 200 day) remain in uptrends, indicating underlying strength in the broader trend. Swing pivot structure highlights resistance at 611.75 and support at 588.00, with the next potential reversal level at the recent swing high. Volatility is elevated (ATR 733) and volume is surging, suggesting increased activity and possible positioning shifts. The overall structure points to a short-term bearish phase within a longer-term bullish context, with the market currently testing key support zones after a strong rally. The neutral stance of the session fib grids (weekly, monthly, yearly) suggests no clear bias from broader cyclical levels, and the market may be entering a consolidation or corrective phase before the next directional move.


Chart Analysis ATS AI Generated: 2025-10-12 18:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.