QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jul-24 07:06 CT

Price Action

• Last: 691.47,
• 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 Below NTZ,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 687.79,
• 4. Pvt. Next: Pvt high 709.07,
• 5. Levels R: 748.65, 745.45, 737.62, 729.05,
• 6. Levels S: 688.79, 686.76, 686.37, 683.00, 675.69, 671.68.

Daily Benchmarks

• (Short-Term) 5 Day: 702.33 Up Trend,
• (Short-Term) 10 Day: 710.96 Down Trend,
• (Intermediate-Term) 20 Day: 714.25 Down Trend,
• (Intermediate-Term) 55 Day: 703.67 Up Trend,
• (Long-Term) 100 Day: 670.04 Up Trend,
• (Long-Term) 200 Day: 642.35 Up Trend.

Additional Metrics

• ATR: 8.00,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ futures-equivalent price action is in a sharp short-term countertrend decline, with a large downside bar closing beneath the 5, 10, 20, and 55-day benchmarks. Both pivot structures remain in DTrend, and the 709.07 pivot-high reversal level defines the nearby upside structure. The 688.79 to 686.37 support cluster is the immediate downside reference zone, while the broader long-term structure remains constructive because price is still above rising 100-day and 200-day benchmarks. July MSFG positioning is below its NTZ, reflecting intermediate-term downside pressure following the rejection from the 737.62 to 745.45 resistance area.