QQQ PowerShares QQQ Daily Chart Analysis: 2025-Oct-13 07:13 CT

Price Action

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MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

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Key Insights Summary

The QQQ daily chart shows a sharp recent pullback with large, fast momentum bars, indicating heightened volatility and a strong short-term downside move. The short-term pivot trend has shifted to a downtrend, confirmed by the 5, 10, and 20-day moving averages all turning lower. However, intermediate and long-term moving averages (55, 100, 200-day) remain in uptrends, suggesting the broader bullish structure is intact. The most recent swing low at 585.00 is now a key support, while resistance is stacked above at 589.50 and 611.75. Volume and ATR are elevated, reflecting increased activity and volatility, typical of a corrective phase or shakeout. The intermediate-term HiLo trend remains up, indicating that the larger trend has not yet reversed. Overall, the market is experiencing a short-term correction within a longer-term uptrend, with potential for further volatility as price tests support and resistance levels. Futures swing traders will note the transition from trend continuation to a corrective pullback, with the next directional move likely to be defined by the reaction at current support and resistance zones.


Chart Analysis ATS AI Generated: 2025-10-13 07:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.