QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Oct-19 18:12 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart shows a strong bullish structure across all timeframes, with price at new highs and fast momentum. All major moving averages are trending upward, confirming the strength of the uptrend. Swing pivots indicate a clear uptrend in both short- and intermediate-term, with the most recent pivot high at 603.93 and the next key support at 564.39. Resistance levels are being set at new highs, while support levels remain well below current price, suggesting a wide cushion for potential pullbacks. The neutral bias in the session fib grids reflects a lack of immediate overextension, while the overall technical environment supports trend continuation. The chart reflects a robust rally phase, with higher highs and higher lows, and no immediate signs of reversal or exhaustion. Volatility remains elevated, but the trend structure is intact, favoring continuation patterns over mean reversion or consolidation at this stage.


Chart Analysis ATS AI Generated: 2025-10-19 18:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.