QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Oct-20 07:15 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 making new highs and momentum accelerating. The most recent swing pivot is a high at 603.93, with the next key support at 564.39, indicating a healthy distance from the last major pullback. All benchmark moving averages (from 5-week to 200-week) are trending upward, confirming the strength of the uptrend. Resistance levels are being set at new highs, while support levels are well-defined below, suggesting that any retracement would likely find buyers at these zones. The neutral bias on the session fib grids reflects a consolidation phase within the broader uptrend, but the prevailing swing and moving average trends remain decisively bullish. The chart structure is characterized by higher highs and higher lows, with no immediate signs of reversal or exhaustion. This environment is typically favorable for trend-following swing strategies, as the market continues to reward momentum and breakout behavior.


Chart Analysis ATS AI Generated: 2025-10-20 07:16 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.