QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Nov-03 07:13 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 action making new highs and momentum accelerating. The most recent swing pivot is a high at 629.07, with the next key support at 572.99, indicating a significant move upward. All benchmark moving averages (from 5-week to 200-week) are trending up, confirming the strength of the underlying trend. Resistance levels are being broken, and support levels are rising, reflecting persistent buying pressure. The neutral bias in the session fib grids suggests the market is not overextended relative to its yearly, monthly, or weekly ranges, supporting the sustainability of the current uptrend. The chart reflects a classic trend continuation environment, with higher highs and higher lows, and no immediate signs of reversal or exhaustion. This environment is typically characterized by strong institutional participation and positive sentiment, often seen in the later stages of a bull cycle or during a breakout phase following consolidation.


Chart Analysis ATS AI Generated: 2025-11-03 07:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.