QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jun-16 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 748.51,
• 5. Levels R: 748.65,
• 6. Levels S: 688.37, 555.60, 422.67, 413.07, 342.35.

Weekly Benchmarks

• (Short-Term) 5 Day: 718.24 Up Trend,
• (Short-Term) 10 Day: 690.04 Up Trend,
• (Intermediate-Term) 20 Day: 643.65 Up Trend,
• (Intermediate-Term) 55 Day: 610.07 Up Trend,
• (Long-Term) 100 Day: 555.64 Up Trend,
• (Long-Term) 200 Day: 458.50 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a powerful longer-term uptrend with all benchmark moving averages aligned higher and price holding well above the 20, 55, 100, and 200-week references. The weekly structure shows a sharp rally into the 2026 highs, followed by a steep pullback from the upper swing zone, leaving the current pivot trend in a short-term DTrend while the broader HiLo trend stays UTrend. Price is sitting near the latest swing low at 688.37 after a fast directional move, with the next major resistance defined near 748.51/748.65 and layered support lower at 555.60, 422.67, 413.07, and 342.35. The chart reflects a strong trend sequence with a recent countertrend retracement and a still-intact intermediate and long-term bullish structure.