QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jul-08 07:05 CT

Price Action

• Last: 724.90,
• Bars: Medium,
• Mom: Slow.

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: DTrend,
• 3. Pvt. Evolve: Pvt Low 704.90,
• 4. Pvt. Next: Pvt High 733.26,
• 5. Levels R: 748.65, 745.45, 737.62,
• 6. Levels S: 704.90, 702.81, 688.37, 555.60.

Daily Benchmarks

• (Short-Term) 5 Day: 724.21 Up Trend,
• (Short-Term) 10 Day: 720.62 Down Trend,
• (Intermediate-Term) 20 Day: 720.21 Up Trend,
• (Intermediate-Term) 55 Day: 700.08 Up Trend,
• (Long-Term) 100 Day: 657.55 Up Trend,
• (Long-Term) 200 Day: 635.59 Up Trend.

Additional Metrics

• ATR: 28.43,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ remains in a strong higher-timeframe uptrend after the spring breakout and the sharp June advance, but the most recent daily structure has shifted into a short-term pullback/consolidation phase beneath nearby resistance. The pivot model shows a current DTrend on both the short-term pivot and HiLo trend, while price is holding above the 20, 55, 100, and 200 day benchmarks, preserving the broader bullish structure. Overhead pivot resistance is layered at 733.26, 737.62, 745.45, and 748.65, while nearby support is clustered around 704.90 and 702.81, with a deeper structural level at 688.37. The setup reads as a trend-continuation market that has paused after an extended rally, with momentum cooling from the prior impulsive leg and the daily candles compressing into a more rotational, test-and-reject style sequence.