QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-08 18:07 CT

Price Action

• Last: 614.57,
• 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 598.83,
• 4. Pvt. Next: Pvt high 636.60,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 598.83, 580.00, 572.35, 472.67, 413.07.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 614.57 Down Trend,
• (Intermediate-Term) 10 Week: 615.72 Down Trend,
• (Long-Term) 20 Week: 600.04 Down Trend,
• (Long-Term) 55 Week: 525.95 Up Trend,
• (Long-Term) 100 Week: 484.41 Up Trend,
• (Long-Term) 200 Week: 431.94 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart reveals a market in transition. Price action has recently shifted to a slow momentum pullback, with medium-sized bars reflecting a pause after a strong prior uptrend. Both short-term and intermediate-term swing pivot trends have turned downward, confirmed by the most recent pivot low at 598.83 and resistance clustered near the recent highs (636.60–637.01). The 5- and 10-week moving averages have rolled over into a downtrend, reinforcing the short- and intermediate-term bearish tone. However, the long-term structure remains intact, with the 55-, 100-, and 200-week moving averages still trending upward, suggesting the broader bull market is not broken. The price is currently consolidating within the yearly NTZ, with no clear directional bias from the session fib grids, indicating a neutral stance for now. Support levels are layered below, with the nearest at 598.83 and more significant zones at 580 and 572.35, while resistance remains overhead at the recent highs. The market appears to be in a corrective phase within a larger uptrend, with potential for further consolidation or a retest of lower support before any resumption of the primary bullish trend.