QQQ PowerShares QQQ Weekly 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: UTrend,
• 3. Pvt. Evolve: Pvt low 591.09,
• 4. Pvt. Next: Pvt high 636.60,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 591.09, 571.40, 513.07, 472.67, 442.35.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 600.04 Down Trend,
• (Intermediate-Term) 10 Week: 615.72 Down Trend,
• (Long-Term) 20 Week: 614.57 Down Trend,
• (Long-Term) 55 Week: 525.95 Up Trend,
• (Long-Term) 100 Week: 485.14 Up Trend,
• (Long-Term) 200 Week: 431.94 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a market in transition. Price action has recently pulled back from swing highs near 637, with the last price at 601.58 and momentum slowing. Short-term trends have shifted to the downside, as indicated by the current swing pivot downtrend and all short/intermediate moving averages (5, 10, 20 week) now in a downtrend. However, the intermediate-term HiLo trend remains up, and long-term moving averages (55, 100, 200 week) are still trending higher, reflecting underlying bullish structure. Key resistance is clustered at the recent highs (636.60–637.01), while support is layered below at 591.09, 571.40, and further down at 513.07 and 472.67. The market is consolidating within the yearly NTZ, with no clear directional bias from the session fib grids. This environment suggests a pause or corrective phase within a broader uptrend, with the potential for further consolidation or a retest of lower support before any renewed upside momentum. Volatility has moderated, and the market is digesting prior gains, awaiting a catalyst for the next directional move.