QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jul-31 07:07 CT

Price Action

• Last: 661.14,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Bearish,
• WSFG Trend: Bearish.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Bullish,
• MSFG Trend: Bullish.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Bullish,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 661.14,
• 4. Pvt. Next: Pvt high 724.32,
• 5. Levels R: 724.35,
• 6. Levels S: 661.14, 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: 674.43 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 reflects a sharp, fast weekly countertrend decline from the 748.65 pivot high, with price below the falling 5- and 10-week benchmarks and a confirmed short-term DTrend. From a futures swing-trader perspective, the structure resembles a volatile pullback within a still-intact broader Nasdaq uptrend: the intermediate HiLo trend remains UTrend and price remains above rising 55-, 100-, and 200-week benchmarks. The 661.14 pivot low is the immediate structural reference, while 724.35 is the key overhead pivot-resistance area; the decline has shifted the near-term auction from momentum expansion into a corrective, high-volatility phase.