QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-06 07:07 CT

Price Action

• Last: 728.54,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Aug

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 728.54,
• 4. Pvt. Next: Pvt low 703.68,
• 5. Levels R: 748.65, 745.45, 737.62,
• 6. Levels S: 684.14, 655.60, 551.68, 523.65, 511.93.

Daily Benchmarks

• (Short-Term) 5 Day: 691.44 Up Trend,
• (Short-Term) 10 Day: 689.03 Up Trend,
• (Intermediate-Term) 20 Day: 700.60 Up Trend,
• (Intermediate-Term) 55 Day: 699.49 Up Trend,
• (Long-Term) 100 Day: 677.38 Up Trend,
• (Long-Term) 200 Day: 646.16 Up Trend.

Additional Metrics

• ATR: 29.09,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ has produced a sharp V-recovery from the 661.14 swing low and has reclaimed all major daily benchmarks. The short-term pivot structure and intermediate HiLo structure remain in UTrend, while the current rally is testing the August monthly grid and nearby 737.62 resistance. From a futures swing-trader perspective, the market is momentum-led and relatively extended after several large-range recovery bars; 703.68 is the key pivot-reversal reference, while 737.62 through 748.65 defines the overhead prior-high resistance band. Long-term structure remains constructive with price materially above the rising 100-day and 200-day averages.