QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-17 07:09 CT

Price Action

• Last: 600.38,
• 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: Neutral,
• 3. Pvt. Evolve: Pvt low 600.38,
• 4. Pvt. Next: Pvt high 637.01,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 573.18, 540.74, 472.67, 434.86.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 613.19 Down Trend,
• (Intermediate-Term) 10 Week: 611.34 Down Trend,
• (Long-Term) 20 Week: 590.10 Up Trend,
• (Long-Term) 55 Week: 573.18 Up Trend,
• (Long-Term) 100 Week: 520.19 Up Trend,
• (Long-Term) 200 Week: 434.86 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. After a strong multi-year uptrend, recent price action has shifted to a corrective phase, with the last swing pivot confirming a short-term downtrend. Price is currently below the 5- and 10-week moving averages, both of which are trending down, reinforcing short-term bearishness. However, all long-term benchmarks (20, 55, 100, and 200 week MAs) remain in solid uptrends, indicating that the broader bullish structure is intact. Resistance is clearly defined at the recent highs (637.01, 636.60), while support levels are layered below at 573.18, 540.74, and further down at 472.67 and 434.86. The intermediate-term trend is neutral, suggesting a period of consolidation or indecision as the market digests recent gains. Momentum is slow, and price is consolidating within the yearly session fib grid’s neutral zone, hinting at a pause or potential base-building phase. For swing traders, this environment favors monitoring for either a continuation of the corrective move toward support or signs of a reversal back toward the highs, with the long-term trend still favoring the bulls.