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

Price Action

• Last: 733.00,
• 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 688.37,
• 4. Pvt. Next: Pvt High 748.59,
• 5. Levels R: 748.65,
• 6. Levels S: 688.37, 555.60, 422.67, 413.07, 342.35.

Weekly Benchmarks

• (Short-Term) 5 Day: 717.23 Down Trend,
• (Short-Term) 10 Day: 713.63 Down Trend,
• (Intermediate-Term) 20 Day: 659.96 Up Trend,
• (Intermediate-Term) 55 Day: 621.39 Up Trend,
• (Long-Term) 100 Day: 583.37 Up Trend,
• (Long-Term) 200 Day: 464.87 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a strong multi-year uptrend with a powerful weekly expansion leg that pressed into the 748.65 resistance/pivot-high zone before backing off. The short-term structure has rolled into a corrective DTrend, reflected by the 5- and 10-day benchmarks turning down, while the intermediate and long-term moving averages continue to slope higher, preserving the broader bullish trend profile. The current weekly action shows a pullback from an extended rally rather than a breakdown, with price still well above the 20, 55, 100, and 200-day benchmarks. The pivot map highlights a higher-high / higher-low campaign across the larger cycle, with the 688.37 pivot low serving as the key prior swing reference beneath the market. The broader tape is still trend-led and momentum-driven, with recent price behavior showing a sharp impulse up, followed by a measured retracement after testing the upper resistance band.