QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Nov-02 18:16 CT

Price Action

WSFG Weekly

MSFG Month Nov

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 629.09, with the next key support at 572.99, indicating a significant move up from the last pivot low. All benchmark moving averages are trending upward, confirming the strength of the uptrend. Resistance levels are being broken, and support levels are rising, reflecting persistent buying pressure. The neutral bias on the session fib grids suggests price is extended above key equilibrium zones, but the prevailing trend remains intact. For a futures swing trader, the environment is characterized by trend continuation, with large bars and fast momentum signaling strong participation and little sign of reversal. The market is in a clear rally phase, with higher highs and higher lows, and no immediate technical evidence of exhaustion or major pullback.


Chart Analysis ATS AI Generated: 2025-11-02 18:16 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.