QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-16 07:14 CT

Price Action

Last: 621.78,
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 605.95,
5. Levels R: 637.01, 630.00,
6. Levels S: 605.95, 559.37, 513.78, 422.47, 226.19.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 617.47 Up Trend,
(Intermediate-Term) 10 Week: 605.95 Up Trend,
(Long-Term) 20 Week: 559.37 Up Trend,
(Long-Term) 55 Week: 513.78 Up Trend,
(Long-Term) 100 Week: 478.82 Up Trend,
(Long-Term) 200 Week: 422.47 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 retracement or consolidation phase. Price is currently trading just below the recent swing high resistance at 637.01, with the next key support at 605.95. All major moving averages (5, 10, 20, 55, 100, and 200 week) are trending upward, confirming a strong long-term bullish structure. However, the neutral bias across the session fib grids and the mixed swing pivot trends suggest a pause or digestion of recent gains. Futures swing traders may interpret this as a period of consolidation within a broader uptrend, with the potential for either a breakout to new highs or a deeper pullback to test lower support levels. Volatility may remain elevated as the market decides its next directional move.