QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jul-06 07:05 CT

Price Action

WSFG Weekly

MSFG Month Jul

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

QQQ is trading in a strong higher-timeframe uptrend after a sharp weekly pullback and recovery from the 686.37 pivot low back toward the prior 748.65 resistance. The short-term structure is still working through a lower-high / rebound sequence, with the pivot trend in DTrend and the fast weekly bars showing elevated momentum. The intermediate and long-term benchmarks remain aligned higher, with price holding well above the 20, 55, 100, and 200 day measures, which keeps the broader trend constructive. The year and month fib grids are sitting in neutral zones, reflecting a market that has already made a major advance and is now rotating inside a large consolidation-to-trend-continuation framework. The key swing theme is a strong trend market pausing near upper range resistance after a V-shaped recovery, with the larger bullish structure still intact while short-term action remains choppy.


Chart Analysis ATS AI Generated: 2026-07-06 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.