QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jul-29 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 short-term futures-style corrective phase: price is beneath the 5, 10, 20, and 55-day benchmark cluster, while both pivot trend measures remain in DTrend. The 667.88 swing low is the immediate structural reference, with 689.16 defining the next opposite-pivot threshold and 713.65 the first notable overhead resistance. The July monthly grid remains overhead, leaving price below its F0%/NTZ area after a sharp late-June to July retracement. Longer-cycle structure remains constructive because price is holding near the rising 100-day average and remains well above the rising 200-day average; however, the current sequence is characterized by lower highs, elevated daily range, and fast downside momentum rather than a confirmed trend continuation higher.


Chart Analysis ATS AI Generated: 2026-07-29 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.