QQQ PowerShares QQQ Daily Chart Analysis: 2026-Mar-20 07:08 CT

Price Action

• Last: 593.02,
• Bars: Large,
• Mom: Momentum fast.

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 591.33,
• 4. Pvt. Next: Pvt High 607.88,
• 5. Levels R: 635.00, 618.29, 609.01, 607.88, 605.72,
• 6. Levels S: 591.33, 580.74.

Daily Benchmarks

• (Short-Term) 5 Day: 597.91 Down Trend,
• (Short-Term) 10 Day: 605.44 Down Trend,
• (Intermediate-Term) 20 Day: 604.83 Down Trend,
• (Intermediate-Term) 55 Day: 609.01 Down Trend,
• (Long-Term) 100 Day: 614.53 Down Trend,
• (Long-Term) 200 Day: 592.21 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32,709,273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart currently reflects a strong bearish momentum, with large price bars and fast-moving action to the downside. Both short-term and intermediate-term swing pivot trends are in a clear downtrend, with the most recent pivot low at 591.33 and the next potential reversal level at 607.88. Resistance levels are stacked above current price, while support is concentrated near recent lows. All key moving averages (5, 10, 20, 55, 100-day) are trending down, reinforcing the prevailing bearish sentiment, though the 200-day MA remains slightly upward, suggesting the longer-term structure is not yet fully broken. Volatility is elevated, as indicated by a high ATR, and volume remains robust. The market appears to be in a corrective phase, with price action characterized by lower highs and lower lows, and no clear signs of reversal or consolidation yet. This environment is typical of a strong swing down leg, with sellers in control and buyers yet to establish a meaningful defense.