
QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jul-06 07:05 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 Down Trend,
- (Short-Term) 10 Day: 708.76 Down Trend,
- (Intermediate-Term) 20 Day: 654.43 Up Trend,
- (Intermediate-Term) 55 Day: 618.01 Up Trend,
- (Long-Term) 100 Day: 580.73 Up Trend,
- (Long-Term) 200 Day: 462.58 Up Trend.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
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.