QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-22 18:05 CT

Price Action

• Last: 587.12,
• 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 580.00,
• 4. Pvt. Next: Pvt high 637.01,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 580.00, 472.67, 413.07, 342.35, 259.73.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 613.19 Down Trend,
• (Intermediate-Term) 10 Week: 611.34 Down Trend,
• (Long-Term) 20 Week: 590.10 Down Trend,
• (Long-Term) 55 Week: 573.18 Up Trend,
• (Long-Term) 100 Week: 520.09 Up Trend,
• (Long-Term) 200 Week: 434.86 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 in a corrective phase after reaching a recent swing high at 637.01. Both short-term and intermediate-term swing pivot trends have turned downward, confirmed by the declining 5, 10, and 20-week moving averages. The last price sits just above a key support at 580.00, with further downside levels at 472.67 and 413.07 if selling persists. Despite this pullback, the long-term structure remains bullish, as the 55, 100, and 200-week moving averages continue to trend upward, indicating that the broader uptrend is intact. The market is consolidating within the yearly and monthly session fib grids, with no clear directional bias from the NTZ zones. This environment suggests a period of digestion after a strong rally, with the potential for further retracement or a base-building phase before the next directional move. Volatility has increased, and the market is testing key support levels, which could set the stage for future trend development.