QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-08 07:14 CT

Price Action

• Last: 603.21,
• 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 589.62,
• 5. Levels R: 637.01, 622.21,
• 6. Levels S: 589.62, 558.88, 511.89, 420.96.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 613.63 Up Trend,
• (Intermediate-Term) 10 Week: 601.24 Up Trend,
• (Long-Term) 20 Week: 558.88 Up Trend,
• (Long-Term) 55 Week: 511.89 Up Trend,
• (Long-Term) 100 Week: 520.00 Up Trend,
• (Long-Term) 200 Week: 420.96 Up Trend.

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Neutral,
• 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 upward and price well above these benchmarks. The most recent swing pivot is a high at 637.01, with the next key support at 589.62, indicating a potential pullback zone. Short-term momentum remains positive, supported by an uptrend in the 5- and 10-week moving averages, while the intermediate-term HiLo trend has shifted to a downtrend, suggesting some consolidation or corrective action after a strong rally. Resistance is clearly defined at the recent highs, while multiple support levels below provide a cushion for any retracement. The overall structure is bullish for both short- and long-term horizons, but the intermediate-term signals a pause or sideways action, typical after extended advances. The neutral bias in the session fib grids and the presence of medium-sized bars reflect a market in digestion mode, possibly awaiting new catalysts or confirmation before the next directional move.