QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-24 07:05 CT

Price Action

• Last: 712.11,
• 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 712.11,
• 4. Pvt. Next: Pvt High 745.45,
• 5. Levels R: 748.65, 745.45,
• 6. Levels S: 712.11, 686.37, 555.60, 551.68, 523.65.

Daily Benchmarks

• (Short-Term) 5 Day: 734.99 Up Trend,
• (Short-Term) 10 Day: 723.10 Up Trend,
• (Intermediate-Term) 20 Day: 728.05 Up Trend,
• (Intermediate-Term) 55 Day: 692.74 Up Trend,
• (Long-Term) 100 Day: 648.41 Up Trend,
• (Long-Term) 200 Day: 629.47 Up Trend.

Additional Metrics

• ATR: 28.31,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ remains in a broader bullish trend structure on the daily chart, with all benchmark moving averages still aligned higher and price holding well above the 55, 100, and 200 day measures. The most recent action shows a sharp pullback from the 745 to 749 resistance zone back toward the 712 swing support area, which shifts the short-term posture to bearish and places the active pivot structure in a down swing. Intermediate and long-term structure remain constructive because the prior rally produced strong higher highs and higher lows, and the longer moving averages continue to slope up. The current setup reflects a fast retracement inside an established uptrend, with the market transitioning from expansion to digestion after a strong advance.