
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-18 07:05 CT
Price Action
- Last: 729.00,
- 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: UTrend,
- 3. Pvt. Evolve: Pvt High 744.76,
- 4. Pvt. Next: Pvt Low 716.80,
- 5. Levels R: 748.65, 744.76,
- 6. Levels S: 688.37, 555.60, 551.68, 523.65, 511.93.
Daily Benchmarks
- (Short-Term) 5 Day: 721.20 Up Trend,
- (Short-Term) 10 Day: 721.98 Up Trend,
- (Intermediate-Term) 20 Day: 724.45 Up Trend,
- (Intermediate-Term) 55 Day: 688.00 Up Trend,
- (Long-Term) 100 Day: 645.19 Up Trend,
- (Long-Term) 200 Day: 627.00 Up Trend.
Additional Metrics
- ATR: 28.18,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ remains in a larger uptrend structure with price still holding well above the 55, 100, and 200 day benchmarks, but the most recent session is a sharp rejection from the upper June NTZ area and prior swing highs. The daily swing framework still shows UTrend on both the pivot and HiLo measures, yet the recent red expansion bar signals a fast momentum reset after the push into overhead resistance near 744.76 to 748.65. Intermediate and long-term context stays constructive because the trend stack is aligned higher and the prior advance from the April low remains intact, but near-term price action has shifted into a pullback phase with a tested support zone around 716.80 and deeper structural support near 688.37. The tape shows a strong rally, then a volatile retracement, and now a transition from breakout extension into consolidation or mean reversion within the broader bullish cycle.
Chart Analysis ATS AI Generated: 2026-06-18 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.