QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-29 07:05 CT

Price Action

• Last: 702.81,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 702.81,
• 4. Pvt. Next: Pvt High 733.39,
• 5. Levels R: 748.65, 745.45,
• 6. Levels S: 702.81, 686.37, 555.60, 551.68, 523.65.

Daily Benchmarks

• (Short-Term) 5 Day: 723.84 Down Trend,
• (Short-Term) 10 Day: 725.41 Down Trend,
• (Intermediate-Term) 20 Day: 720.22 Down Trend,
• (Intermediate-Term) 55 Day: 694.89 Up Trend,
• (Long-Term) 100 Day: 650.97 Up Trend,
• (Long-Term) 200 Day: 631.52 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ is in a larger bullish structure off the April base, but the most recent daily sequence shows a sharp rejection from the June highs near the 745-749 resistance band and a fast pullback into the low-700s. Short-term pivot structure has rolled to DTrend, while the intermediate HiLo structure remains UTrend, reflecting a pullback within a broader advance rather than a full trend break. Price is now testing the 702 area near the active pivot low, with the 686 zone and the rising 55-day average as nearby structural support, while the 100-day and 200-day benchmarks remain well below and still rising. The tape has the look of a post-breakout consolidation after a strong rally from the May low, with recent candles showing a lower-high, lower-low sequence from the upper NTZ area back toward the prior breakout shelf.