QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jul-24 07:07 CT

Price Action

• Last: 692.82,
• Bars: Small,
• Mom: Slow.

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 Above NTZ,
• 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: 488.70 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ, a useful directional proxy for Nasdaq futures, remains in a broad weekly uptrend: price holds above the rising 20, 55, 100, and 200-period benchmarks and well above the yearly NTZ. The short-term structure is corrective, however, with a DTrend pivot state and price below the declining 5- and 10-period benchmarks. Recent small weekly bars indicate consolidation after rejection from the 748.65 swing-high resistance area. The 686.37 evolving pivot low is the immediate structural reference; a sustained hold maintains the larger sequence of higher lows, while the 746.59 to 748.65 zone remains the major upside pivot and resistance reference.