QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-16 07:08 CT

Price Action

WSFG Weekly

MSFG Month Mar

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart shows a market in transition. Price has recently pulled back from a major swing high at 637.01, with the current price at 589.59, and momentum has slowed. The short-term trend is bearish, confirmed by the downward direction of the 5, 10, and 20-week moving averages, as well as the most recent swing pivot trend. However, intermediate-term signals are neutral, with the HiLo trend showing no clear direction and price consolidating within the NTZ (neutral zone) of the yearly session fib grid. Long-term structure remains bullish, as the 55, 100, and 200-week moving averages are all trending higher, and price is well above these key support levels. The market is currently testing support at 573.17, with additional support levels below, while resistance remains at the recent highs. This setup suggests a period of consolidation or corrective action within a broader uptrend, with futures swing traders watching for either a continuation of the pullback or a resumption of the long-term bullish trend.


Chart Analysis ATS AI Generated: 2026-03-16 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.