QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-23 07:05 CT

Price Action

Last: 744.00,
Bars: Medium,
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 745.45,
4. Pvt. Next: Pvt Low 716.80,
5. Levels R: 748.65, 745.45,
6. Levels S: 688.37, 555.60, 551.68, 523.65, 511.93.

Daily Benchmarks

(Short-Term) 5 Day: 731.67 Up Trend,
(Short-Term) 10 Day: 719.81 Up Trend,
(Intermediate-Term) 20 Day: 720.88 Up Trend,
(Intermediate-Term) 55 Day: 691.07 Up Trend,
(Long-Term) 100 Day: 647.34 Up Trend,
(Long-Term) 200 Day: 628.63 Up Trend.

Additional Metrics

ATR: 28.28,
VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ is holding a strong impulsive uptrend structure with price trading above all benchmark moving averages, including the 20, 55, 100, and 200 day lines, which keeps the broader trend firmly bullish. The daily swing pivot state remains in UTrend with the latest pivot high established near 745.45 and resistance layered at 748.65 above it, showing price is working near the upper edge of the current expansion. The recent move includes a sharp rally, a steep retracement, and a V-style recovery back toward prior highs, which is consistent with trend continuation behavior rather than distribution. Volume remains active and ATR is elevated, supporting a fast-momentum environment. From a futures swing trader perspective, the tape is trend-led, extended, and still structurally constructive, with higher highs and higher lows dominating the chart and the monthly session fib area acting as a consolidation-to-breakout zone rather than a reversal zone.