
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-09 07:05 CT
Price Action
- Last: 721.00,
- Bars: Large,
- Mom: Fast.
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: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt High 723.03,
- 4. Pvt. Next: Pvt Low 704.53,
- 5. Levels R: 748.65, 723.03,
- 6. Levels S: 704.53, 704.32, 695.25, 555.60.
Daily Benchmarks
- (Short-Term) 5 Day: 725.71 Down Trend,
- (Short-Term) 10 Day: 733.00 Down Trend,
- (Intermediate-Term) 20 Day: 722.01 Down Trend,
- (Intermediate-Term) 55 Day: 678.92 Up Trend,
- (Long-Term) 100 Day: 638.23 Up Trend,
- (Long-Term) 200 Day: 621.82 Up Trend.
Additional Metrics
- ATR: 27.80,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ is in a broader uptrend with a strong multi-month advance followed by a sharp pullback from the 748.65 resistance area back into the 704 to 723 pivot zone. The short-term structure has turned corrective with price now testing the lower swing support band after failing near the recent high, while the intermediate and long-term trend structure remains constructive because price is still well above the 55, 100, and 200 day benchmarks. The pivot map shows a clear UTrend in both the current pivot and the hi/lo pivot sequence, but the latest move reflects a fast counter-trend retracement inside an otherwise bullish cycle. Volume expanded on the latest decline, and the daily range remains active, which fits a volatile pullback phase rather than a full trend reversal.
Chart Analysis ATS AI Generated: 2026-06-09 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.