QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-12 07:05 CT

Price Action

Last: 713.00,
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: HiLo Neutral,
3. Pvt. Evolve: Pvt High 718.37,
4. Pvt. Next: Pvt Low 694.29,
5. Levels R: 748.65, 723.03, 718.37,
6. Levels S: 688.37, 555.60, 551.68, 523.65, 511.93.

Daily Benchmarks

(Short-Term) 5 Day: 712.67 Up Trend,
(Short-Term) 10 Day: 727.03 Down Trend,
(Intermediate-Term) 20 Day: 721.38 Down Trend,
(Intermediate-Term) 55 Day: 681.68 Up Trend,
(Long-Term) 100 Day: 640.73 Up Trend,
(Long-Term) 200 Day: 623.90 Up Trend.

Additional Metrics

ATR: 733,
VOLMA: 32709273.

Overall Rating

Short-Term: Neutral,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

QQQ is in a broad higher-timeframe uptrend, but the recent daily sequence shows a sharp rejection from the 748.65 resistance zone and a fast pullback into the 700s. Price remains above the rising 55-, 100-, and 200-day benchmarks, which keeps the intermediate and long-term structure constructive, while the short-term picture is mixed because the daily bar set is large and momentum is still rapid after the selloff. The pivot structure remains UTrend on the short-term swing read, but the HiLo trend is neutral, reflecting a transition phase after the June pullback. The chart shows a strong prior rally, a test-and-reject near the upper monthly session fib area, and then an impulsive drop toward the 688 support shelf before rebounding. Overall, the tape looks like a pullback within a larger advance, with near-term price action defined by reaction around the 718-723 resistance band and the 688 support area.