QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Nov-21 07:16 CT

Price Action

• Last: 585.67,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2025

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 584.75,
• 4. Pvt. Next: Pvt High 619.63,
• 5. Levels R: 637.01, 619.63,
• 6. Levels S: 584.75, 422.67, 413.07, 342.35, 285.19, 250.73.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: [Not shown] [Not shown],
• (Intermediate-Term) 10 Week: [Not shown] [Not shown],
• (Long-Term) 20 Week: 540.03 Up Trend,
• (Long-Term) 55 Week: 497.84 Up Trend,
• (Long-Term) 100 Week: [Not shown] [Not shown],
• (Long-Term) 200 Week: 411.61 Up Trend.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

The QQQ weekly chart shows a strong long-term uptrend, with price well above the 20, 55, and 200 week moving averages, all of which are trending higher. The most recent price action, however, indicates a sharp pullback from the recent swing high at 637.01, with a new swing low pivot forming at 584.75. This marks a short-term downtrend (DTrend) in the swing pivot structure, while the intermediate-term HiLo trend remains up, reflecting the resilience of the broader bullish structure. Support levels are clustered below, with the nearest at 584.75, and more significant support in the 420–410 zone, aligning with the 200 week MA. Resistance is defined by the recent highs at 619.63 and 637.01. The current environment suggests a corrective phase within a larger bullish trend, typical of a market digesting gains after a strong rally. Volatility has increased, and the market is in a retracement mode, but the underlying long-term momentum remains intact. Futures swing traders may interpret this as a period of consolidation or pullback within a primary uptrend, with the potential for trend continuation once the correction stabilizes.