QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Dec-01 07:15 CT

Price Action

Last: 619.25,
Bars: Large,
Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Dec

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 high 637.01,
4. Pvt. Next: Pvt low 586.97,
5. Levels R: 637.01,
6. Levels S: 586.97, 541.82, 499.66, 412.81.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 610.07 Up Trend,
(Intermediate-Term) 10 Week: 584.08 Up Trend,
(Long-Term) 20 Week: 541.82 Up Trend,
(Long-Term) 55 Week: 499.66 Up Trend,
(Long-Term) 100 Week: 496.98 Up Trend,
(Long-Term) 200 Week: 412.81 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 all major moving averages (20, 55, 100, 200 week) trending higher and well below current price, confirming robust underlying strength. The intermediate-term trend remains bullish, supported by higher swing lows and an uptrend in the HiLo metric. However, the short-term swing pivot has shifted to a downtrend, with a recent pivot high at 637.01 and price pulling back toward the next support at 586.97. The large, fast-moving bars indicate heightened volatility, likely reflecting a sharp retracement or profit-taking after a strong rally. Price is currently within a neutral zone on the session fib grids, suggesting consolidation or indecision at these levels. Key support levels to watch are 586.97 and 541.82, with resistance at the recent high of 637.01. The overall structure points to a market in a corrective phase within a larger bullish trend, with potential for further consolidation or a test of lower supports before any resumption of the uptrend.