QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-09 07:10 CT

Price Action

• Last: 599.75,
• 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 571.40,
• 4. Pvt. Next: Pvt high 637.01,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 571.40, 510.74, 472.67, 413.07, 342.35.

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: 476.24 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 shows a notable shift in momentum, with price action currently consolidating below recent highs after a strong multi-year uptrend. The most recent swing pivots indicate a developing downtrend in both short- and intermediate-term timeframes, as confirmed by the downward direction of the 5, 10, and 20-week moving averages. Resistance is established near the 637 zone, while support levels are layered below at 571, 510, and further down, suggesting a broad range for potential retracement or consolidation. Despite the short- and intermediate-term bearish signals, the long-term trend remains intact and bullish, supported by rising 55, 100, and 200-week moving averages. This technical setup reflects a classic pullback or corrective phase within a larger bullish cycle, with the market digesting gains and potentially setting up for future trend continuation or deeper retracement depending on how price interacts with key support levels. Volatility and choppy price action are likely as the market tests these zones, with no clear breakout or breakdown yet confirmed.