
QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jul-23 07:06 CT
Price Action
- Last: 698.37,
- 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 Neutral,
- MSFG Trend: Neutral.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Bullish,
- YSFG Trend: Bullish.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 686.37,
- 4. Pvt. Next: Pvt high 746.59,
- 5. Levels R: 748.65,
- 6. Levels S: 686.37, 555.60, 422.87, 413.07, 342.35.
Weekly Benchmarks
- (Short-Term) 5 Day: 716.12 Down Trend,
- (Short-Term) 10 Day: 717.18 Down Trend,
- (Intermediate-Term) 20 Day: 670.55 Up Trend,
- (Intermediate-Term) 55 Day: 627.62 Up Trend,
- (Long-Term) 100 Day: 568.32 Up Trend,
- (Long-Term) 200 Day: 488.79 Up Trend.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ reflects a futures swing-trader-style pullback within a broader bullish structure. The short-term pivot remains in DTrend after rejection from 748.65, with price below the declining 5- and 10-period benchmarks. The 686.37 pivot low is the immediate structural reference, while 746.59 to 748.65 defines the overhead recovery and prior-high zone. Intermediate and long-term structure remains constructive: price holds above rising 20-, 55-, 100-, and 200-period benchmarks, and the HiLo trend remains UTrend. The current pattern is a post-high consolidation and retracement rather than a confirmed intermediate-term trend reversal.
Chart Analysis ATS AI Generated: 2026-07-23 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.