QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jun-24 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: 724.57 Down Trend,
• (Short-Term) 10 Day: 702.99 Down Trend,
• (Intermediate-Term) 20 Day: 649.59 Up Trend,
• (Intermediate-Term) 55 Day: 614.73 Up Trend,
• (Long-Term) 100 Day: 558.30 Up Trend,
• (Long-Term) 200 Day: 460.59 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a strong long-term bullish structure with all major benchmarks rising and price holding well above the 20, 55, 100, and 200 week moving averages. The weekly tape shows a fast momentum swing after a sharp pullback from the recent high near 748.65, with the current pivot trend flipping to DTrend while the broader HiLo trend stays UTrend. Price is reacting around the 688.37 pivot low, which now defines the nearest structural support, while resistance remains at the prior swing high near 748.59 to 748.65. The Year 2026 Fib box shows price oscillating around the upper half of the long-term range, keeping the larger pattern constructive even as the short-term leg is corrective. Overall, the chart reflects a bullish primary trend with a short-term countertrend selloff and volatile weekly expansion after a high-level rejection.