QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jul-09 07:06 CT

Price Action

• Last: 700.91,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt Low 700.91,
• 4. Pvt. Next: Pvt High 729.31,
• 5. Levels R: 748.65, 745.45, 737.62,
• 6. Levels S: 700.91, 688.37, 555.60, 551.68, 523.65.

Daily Benchmarks

• (Short-Term) 5 Day: 721.27 Down Trend,
• (Short-Term) 10 Day: 717.77 Down Trend,
• (Intermediate-Term) 20 Day: 720.43 Down Trend,
• (Intermediate-Term) 55 Day: 700.42 Up Trend,
• (Long-Term) 100 Day: 658.53 Up Trend,
• (Long-Term) 200 Day: 638.18 Up Trend.

Additional Metrics

• ATR: 28.46,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ is sitting near the 700.91 pivot low after a sharp pullback from the 740s, with the short-term pivot structure still in DTrend and price trading below the 5, 10, and 20 day benchmarks. The chart shows a recent rejection from the upper resistance cluster near 745.45 to 748.65, followed by a fast retracement into the lower end of the July monthly zone. Intermediate structure is mixed because price remains above the 55 day benchmark and well above the 100 and 200 day trend benchmarks, keeping the broader tape constructive even as the shorter swing leg rolled over. The dominant pattern is a post-rally consolidation and retracement phase, with current action testing the prior pivot low area and the nearby 688.37 support beneath it, while the longer-term trend framework remains intact.