QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jun-11 07:05 CT

Price Action

• Last: 688.37,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt Low 688.37,
• 4. Pvt. Next: Pvt High 748.59,
• 5. Levels R: 748.65,
• 6. Levels S: 688.37, 555.60, 422.67, 413.07, 342.35.

Weekly Benchmarks

• (Short-Term) 5 Day: 716.21 Down Trend,
• (Short-Term) 10 Day: 676.40 Up Trend,
• (Intermediate-Term) 20 Day: 638.72 Up Trend,
• (Intermediate-Term) 55 Day: 605.95 Up Trend,
• (Long-Term) 100 Day: 553.38 Up Trend,
• (Long-Term) 200 Day: 456.55 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a strong higher-timeframe uptrend, with price holding well above the 20, 55, 100, and 200-day benchmarks and the longer pivot structure still pointing higher. The weekly action is in a sharp pullback from the recent swing high near 748.65, with the current pivot trend flipped to DTrend after a fast weekly selloff from the top of the range. The decline has brought price back into the upper portion of the yearly fib zone and near the prior swing low area around 688.37, while the intermediate pivot structure still leans constructive because the broader sequence of higher lows remains intact. The chart reflects a volatile expansion phase followed by a steep retracement, with the market transitioning from breakout continuation into a test-and-reaction pattern around the upper-year session box.