QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-18 07:09 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 603.31, and momentum has slowed. Short-term signals are bearish, as indicated by the downtrend in both the 5- and 10-week moving averages and the current swing pivot trend. However, intermediate-term signals are neutral, with the HiLo trend showing no clear direction and price consolidating above key support at 573.18. Long-term structure remains bullish, supported by all major long-term moving averages (20, 55, 100, and 200 week) trending upward, suggesting the broader uptrend is intact. The market is currently trading within a neutral zone, with resistance at 637.01 and support levels layered below. This setup reflects a corrective phase within a larger bullish cycle, with price action consolidating after a strong rally, and no immediate signs of a major reversal. Futures swing traders will note the potential for further consolidation or a retest of lower support before any renewed trend direction emerges.


Chart Analysis ATS AI Generated: 2026-03-18 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.