
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-10 07:05 CT
Price Action
- Last: 706.47,
- 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: DTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt Low 688.37,
- 4. Pvt. Next: Pvt High 706.47,
- 5. Levels R: 748.65,
- 6. Levels S: 688.37, 555.60, 551.68, 523.65, 511.93.
Daily Benchmarks
- (Short-Term) 5 Day: 723.00 Down Trend,
- (Short-Term) 10 Day: 732.85 Down Trend,
- (Intermediate-Term) 20 Day: 722.25 Up Trend,
- (Intermediate-Term) 55 Day: 680.25 Up Trend,
- (Long-Term) 100 Day: 639.13 Up Trend,
- (Long-Term) 200 Day: 622.57 Up Trend.
Additional Metrics
- ATR: 733,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ shows a sharp short-term reversal from the recent high near 748.65 into the 706 area, with the pivot structure now in DTrend and the latest swing sequence confirming a lower high / lower low phase. The daily move is fast and wide, reflecting an expanded volatility impulse after an extended rally from the April low. Even with the pullback, price remains well above the 20, 55, 100, and 200 day benchmarks, so the broader trend backdrop is still constructive while the near-term tape is corrective and heavy. The June monthly zone is being tested from above after a strong advance, and the chart now sits in a transition area where the market is digesting the prior breakout rather than extending it immediately.
Chart Analysis ATS AI Generated: 2026-06-10 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.