QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Dec-03 07:13 CT

Price Action

WSFG Weekly

MSFG Month Dec

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart shows a strong bullish momentum in the short term, with price recently making a new swing high at 637.19 before pulling back to the current level of 620.00. The large bars and fast momentum indicate heightened volatility, typical of a strong trend or a potential reversal zone. All benchmark moving averages from 5-week to 200-week are in uptrends, confirming robust long-term strength. However, the intermediate-term HiLo trend has shifted to a downtrend, suggesting a possible corrective phase or consolidation after the recent rally. Key resistance is clustered near the recent highs (637.01, 633.75), while support levels are well below at 560.74 and 472.67, highlighting the potential for wide price swings. The neutral bias in the session fib grids (WSFG, MSFG, YSFG) suggests the market is at a decision point, possibly digesting gains or awaiting new catalysts. Overall, the chart reflects a market in a strong uptrend with short-term bullishness, but with some caution warranted in the intermediate term as the market consolidates gains after a significant rally.


Chart Analysis ATS AI Generated: 2025-12-03 07:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.