QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Nov-16 18:14 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 long-term uptrend, with all major moving averages (from 5-week to 200-week) trending higher and price well above these benchmarks. The most recent price action, however, features a large, fast-momentum bar to the downside, indicating a sharp pullback from the recent swing high at 637.01. The short-term swing pivot trend has shifted to a downtrend, suggesting a corrective phase or profit-taking after an extended rally. Intermediate-term structure remains bullish, as higher lows are intact and the HiLo trend is still up. Key support levels to watch are 537.49 and 495.81, with deeper support at 413.07 and below. Resistance is defined by the recent high at 637.01. The overall environment is one of long-term strength, but with short-term volatility and a possible retracement underway, typical of a market digesting gains after a strong advance.


Chart Analysis ATS AI Generated: 2025-11-16 18:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.