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

Price Action

• Last: 717.23,
• 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: 563.37 Up Trend,
• (Long-Term) 200 Day: 464.67 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a strong longer-term uptrend with the 20, 55, 100, and 200 week benchmarks all sloping higher, while price is holding well above those layers. The weekly structure shows a recent impulsive rally into the 748.65 pivot resistance zone followed by a sharp pullback, which fits a short-term corrective phase inside a larger bullish trend. The swing pivot readout is short-term DTrend, but intermediate HiLo structure is still constructive, reflecting that the broader sequence of higher highs and higher lows is intact. The current position near the upper yearly fib zone suggests price is working through consolidation after a fast expansion move, with momentum still elevated but no longer stretched in the same direction. From a futures swing trader’s perspective, the chart is in a trend-pausing phase near prior highs, while the primary market backdrop remains bullish.