QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-05 07:07 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

QQQ completed a sharp V-shaped recovery from the late-July 661.14 pivot low and closed at the August monthly F0% area near 725.56. The daily swing and HiLo structures remain in UTrend, while price is extended above all benchmark averages after a large-range momentum bar. The 701.78 pivot-next level defines the nearest swing-structure retracement reference; overhead pivot resistance is layered at 737.62, 745.45, and 748.65. From a futures swing-trader perspective, the market is in a strong upside impulse within a broadly aligned bullish trend, with the August F0% area acting as the immediate balance zone following the rebound.


Chart Analysis ATS AI Generated: 2026-08-05 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.