
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jul-23 07:06 CT
Price Action
- Last: 706.31,
- Bars: Medium,
- Mom: average.
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 below F0%/NTZ Lower,
- MSFG Trend: Bearish.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- YSFG Trend: Neutral.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt high 710.05,
- 4. Pvt. Next: Pvt low 688.33,
- 5. Levels R: 748.65, 745.45, 743.65, 737.62,
- 6. Levels S: 688.76, 686.37, 555.60, 551.68, 523.65.
Daily Benchmarks
- (Short-Term) 5 Day: 706.31 Up Trend,
- (Short-Term) 10 Day: 711.57 Down Trend,
- (Intermediate-Term) 20 Day: 714.47 Down Trend,
- (Intermediate-Term) 55 Day: 703.60 Up Trend,
- (Long-Term) 100 Day: 689.08 Up Trend,
- (Long-Term) 200 Day: 641.85 Up Trend.
Additional Metrics
- ATR: 733,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
QQQ has rebounded from the 688.33-688.76 pivot-support area, but the recovery remains capped beneath the falling 10-day and 20-day benchmarks and below the July MSFG lower boundary. From a futures swing-trader perspective, the short-term pivot sequence has turned upward, while the intermediate HiLo structure remains a lower-high/lower-low corrective pattern. The 703.60 55-day average is the immediate balance reference; 710.05, 711.57, and 714.47 form nearby overhead congestion, while 688.76-686.37 remains the principal downside pivot zone. Longer-term structure remains constructive above rising 100-day and 200-day averages, indicating a counter-trend consolidation within a broader advance.
Chart Analysis ATS AI Generated: 2026-07-23 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.