QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jul-29 07:07 CT

Price Action

WSFG Weekly

MSFG Month Jul

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

NQ futures-equivalent price action is in a fast weekly countertrend retracement from the 748.65 pivot high, with the current 667.88 pivot low sitting just beneath the rising 20-week benchmark at 674.45. Short-term structure is bearish as the 5- and 10-week benchmarks slope lower and the active pivot trend remains DTrend. The broader futures swing structure remains constructive: the HiLo trend is UTrend, price remains well above the rising 55-, 100-, and 200-week benchmarks, and the yearly grid position is above its NTZ. A recovery through the 20-week area would place 730.80 and then 748.65 back into focus, while sustained trade below 667.88 leaves the 555.60 support zone as the next major weekly structural reference.


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.