QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jul-02 07:06 CT

Price Action

Last: 722.37,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Jul

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 686.37,
4. Pvt. Next: Pvt High 748.59,
5. Levels R: 748.65,
6. Levels S: 686.37, 555.60, 422.67, 413.07, 342.35.

Weekly Benchmarks

(Short-Term) 5 Day: 722.37 Up Trend,
(Short-Term) 10 Day: 708.78 Up Trend,
(Intermediate-Term) 20 Day: 654.43 Up Trend,
(Intermediate-Term) 55 Day: 618.01 Up Trend,
(Long-Term) 100 Day: 560.73 Up Trend,
(Long-Term) 200 Day: 462.58 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a dominant higher-timeframe uptrend with all benchmark moving averages stacked positively and rising, showing persistent trend strength across the weekly structure. The latest weekly action is coming off an extended impulse move into the upper NTZ area near the yearly pivot high, with a sharp pullback from the recent peak while still holding well above the 5, 10, 20, 55, 100, and 200 day benchmarks. The short-term pivot structure has turned DTrend from the recent swing high, but the broader HiLo pivot framework still reads constructive, reflecting a larger bullish cycle rather than a trend breakdown. The chart shows a sequence of strong rallies, corrective swings, and higher support formations, typical of a trending market that periodically resets through fast retracements before resuming the larger advance. The current state is best described as elevated and extended, but still anchored by a strong intermediate and long-term bullish trend profile.