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

Price Action

• Last: 675.95,
• 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 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 675.95,
• 4. Pvt. Next: Pvt high 738.59,
• 5. Levels R: 738.65,
• 6. Levels S: 675.95, 555.60, 422.87, 413.07, 342.35.

Weekly Benchmarks

• (Short-Term) 5 Day: 704.84 Down Trend,
• (Short-Term) 10 Day: 714.71 Down Trend,
• (Intermediate-Term) 20 Day: 674.25 Up Trend,
• (Intermediate-Term) 55 Day: 629.64 Up Trend,
• (Long-Term) 100 Day: 570.37 Up Trend,
• (Long-Term) 200 Day: 470.84 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ, as a Nasdaq futures swing proxy, is in a sharp short-term corrective leg following rejection from the 748.65 resistance pivot. The current 675.95 pivot low sits essentially at the rising 20-week benchmark, while the 5- and 10-week benchmarks remain above price and are declining, defining near-term downside momentum. The intermediate and major trend structures remain constructive: the HiLo pivot trend is up, price remains materially above the rising 55-, 100-, and 200-week benchmarks, and the yearly grid position is above its NTZ. The active weekly structure is therefore a pullback within a broader bullish trend, with 738.65 defining the principal upside pivot-resistance reference and 675.95 the immediate structural support reference.