QQQ PowerShares QQQ Daily Chart Analysis: 2026-Mar-04 07:09 CT

Price Action

• Last: 601.58,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

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

MSFG Month Mar

• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 593.34,
• 4. Pvt. Next: Pvt high 610.87,
• 5. Levels R: 636.60, 637.01, 630.00, 617.52, 614.70, 610.87,
• 6. Levels S: 593.34, 580.74.

Daily Benchmarks

• (Short-Term) 5 Day: 608.83 Down Trend,
• (Short-Term) 10 Day: 607.12 Down Trend,
• (Intermediate-Term) 20 Day: 614.70 Down Trend,
• (Intermediate-Term) 55 Day: 612.26 Down Trend,
• (Long-Term) 100 Day: 601.46 Down Trend,
• (Long-Term) 200 Day: 587.12 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart reflects a market in a corrective phase, with both short-term and intermediate-term trends showing downside momentum. Price has recently tested and bounced from a swing low at 593.34, but remains below key resistance levels and all major moving averages except the 200-day, which still trends upward, suggesting longer-term structure is intact. The slow momentum and medium-sized bars indicate a lack of aggressive selling, but persistent lower highs and lower lows reinforce the bearish bias for swing traders. Volatility remains elevated (ATR: 733), and volume is steady, hinting at ongoing participation but not capitulation. The market is consolidating near support, with no clear breakout or reversal signal, and the neutral stance of the session fib grids across all timeframes suggests a wait-and-see approach as the market digests recent moves. Swing traders will note the importance of the 593.34 support and 610.87-614.70 resistance zone for the next directional cue.