QQQ PowerShares QQQ Daily Chart Analysis: 2026-Feb-08 18:15 CT

Price Action

• Last: 620.87,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Feb

• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 604.96,
• 4. Pvt. Next: Pvt High 636.60,
• 5. Levels R: 636.60, 637.01,
• 6. Levels S: 613.21, 601.68, 580.74, 551.88.

Daily Benchmarks

• (Short-Term) 5 Day: 613.48 Down Trend,
• (Short-Term) 10 Day: 620.99 Down Trend,
• (Intermediate-Term) 20 Day: 616.62 Down Trend,
• (Intermediate-Term) 55 Day: 615.09 Down Trend,
• (Long-Term) 100 Day: 601.68 Up Trend,
• (Long-Term) 200 Day: 576.93 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart currently reflects a sharp and volatile move lower, with large bars and fast momentum indicating heightened activity and potential liquidation. The short-term trend has shifted to the downside (DTrend), confirmed by all short-term and intermediate-term moving averages turning down, while the most recent swing pivot is a new low at 604.96. However, the intermediate-term HiLo trend remains up, suggesting the broader swing structure is still intact, and the long-term moving averages (100 and 200 day) continue to trend higher, supporting a bullish long-term outlook. Key resistance is overhead at 636.60 and 637.01, while support levels are layered below at 613.21, 601.68, and 580.74. The ATR is elevated, reflecting increased volatility, and volume remains robust. The market is in a corrective phase within a longer-term uptrend, with the potential for further downside tests before stabilization or reversal. The current environment is characterized by a strong pullback, but the underlying long-term structure remains constructive.