QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-04 18:09 CT

Price Action

• Last: 613.69,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Jan

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 637.01,
• 4. Pvt. Next: Pvt low 601.42,
• 5. Levels R: 637.01, 629.21, 554.80,
• 6. Levels S: 601.42, 510.55, 419.58.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 611.41 Up Trend,
• (Intermediate-Term) 10 Week: 601.42 Up Trend,
• (Long-Term) 20 Week: 601.42 Up Trend,
• (Long-Term) 55 Week: 510.55 Up Trend,
• (Long-Term) 100 Week: 505.05 Up Trend,
• (Long-Term) 200 Week: 419.58 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a market that has recently experienced a strong uptrend, with price consolidating near all-time highs. The short-term swing pivot trend remains up, but the intermediate-term HiLo trend has shifted to down, indicating some loss of momentum and a possible corrective phase or consolidation. Price is currently trading just below the recent swing high resistance at 637.01, with the next key support at 601.42. All major moving averages (5, 10, 20, 55, 100, and 200 week) are in uptrends, confirming the underlying long-term bullish structure. However, the neutral readings across the WSFG, MSFG, and YSFG grids, along with average momentum and medium-sized bars, suggest a pause or digestion phase rather than a clear breakout or breakdown. The market appears to be in a holding pattern, potentially awaiting new catalysts or confirmation of direction, with volatility likely to remain elevated near these key levels. Swing traders may observe for further confirmation of trend continuation or reversal as price interacts with the established resistance and support zones.