QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jul-28 07:07 CT

Price Action

WSFG Weekly

MSFG Month Jul

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

QQQ reflects a sharp short-term downside rotation from the July high area, with price breaking beneath the 5, 10, 20, and 55-day benchmarks and establishing a new pivot low at 675.95. From a futures swing-trader perspective, the near-term structure is defined by lower highs and accelerating downside momentum, while 698.99 is the nearest pivot-reversal reference and 719.05 is the first larger overhead resistance zone. The intermediate trend has weakened as price trades below the July MSFG lower boundary and the HiLo trend remains bearish. The broader advance remains intact because price is still above rising 100-day and 200-day benchmarks, placing the decline in the context of a countertrend pullback within a longer-term bullish structure. ATR at 8.00 indicates expanded daily movement, while volume remains moderate rather than signaling a climactic liquidation event.


Chart Analysis ATS AI Generated: 2026-07-28 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.