QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-08 07:04 CT

Price Action

• Last: 705.60,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jun

• 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: UTrend,
• 3. Pvt. Evolve: Pvt Low 704.32,
• 4. Pvt. Next: Pvt High 722.38,
• 5. Levels R: 748.65,
• 6. Levels S: 704.32, 695.25, 555.60, 551.68, 523.65.

Daily Benchmarks

• (Short-Term) 5 Day: 742.50 Down Trend,
• (Short-Term) 10 Day: 733.94 Down Trend,
• (Intermediate-Term) 20 Day: 721.51 Up Trend,
• (Intermediate-Term) 55 Day: 677.95 Up Trend,
• (Long-Term) 100 Day: 637.45 Up Trend,
• (Long-Term) 200 Day: 621.14 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ remains in a strong higher-timeframe uptrend after the sharp spring breakout from the April base, but the latest daily swing structure has rolled into a short-term DTrend with price pulling back from the recent high near 748.65. The current action is testing the prior pivot-low zone around 704.32 while still holding well above the rising 55, 100, and 200 day benchmarks, which keeps the intermediate and long-term structures constructive. The chart shows a fast rally phase followed by a choppy consolidation/retracement at the top of the advance, with the June monthly NTZ positioned near the upper range and momentum cooling from the prior surge.