
QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jun-17 07:06 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: 718.24 Down Trend,
- (Short-Term) 10 Day: 690.04 Down 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 is coming off a fast, high-momentum surge into the upper end of the 2026 yearly structure, followed by a sharp pivot-low reaction at 688.37 and a rebound from that low. The short-term swing pivot has rolled into DTrend, which matches the recent pullback and the loss of near-term benchmark alignment around the 5-Day and 10-Day averages. Even so, the broader weekly structure remains constructive: HiLo Trend is still UTrend, and the 20-Day through 200-Day benchmarks are stacked in bullish progression beneath price. The tape is showing a strong trend-with-retracement profile, with the recent outside-range type expansion suggesting elevated weekly volatility and active rotation after a vertical advance. The dominant medium and long-term read remains bullish, while the short-term condition is bearish-to-choppy as price digests the prior breakout and re-tests the upper pivot zone.
Chart Analysis ATS AI Generated: 2026-06-17 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.