
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-07 07:07 CT
Price Action
- Last: 714.00,
- Bars: Medium,
- 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 Bearish,
- MSFG Trend: Neutral.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- YSFG Trend: Neutral.
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, 728.54,
- 6. Levels S: 684.14, 655.60, 551.68, 529.53, 511.93.
Daily Benchmarks
- (Short-Term) 5 Day: 702.55 Up Trend,
- (Short-Term) 10 Day: 690.83 Up Trend,
- (Intermediate-Term) 20 Day: 704.00 Up Trend,
- (Intermediate-Term) 55 Day: 700.13 Up Trend,
- (Long-Term) 100 Day: 678.59 Up Trend,
- (Long-Term) 200 Day: 646.74 Up Trend.
Additional Metrics
- ATR: 29.17,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
From a futures swing-trader perspective, the structure remains broadly bullish: price is above all major daily benchmarks and both pivot-trend measures are UTrend. The sharp rebound from the 661.14 swing low produced fast upside momentum, but the latest pullback beneath the August NTZ/F0 area shows near-term consolidation after the rally. The 703.68 pivot-next level and clustered 20/55-day averages near 700 define the active short-term structural base, while 728.54 is the immediate pivot-high resistance followed by 737.62, 745.45, and 748.65. ATR near 29.17 indicates a still-expansive daily range environment, consistent with choppy two-sided futures price discovery inside the larger advance.
Chart Analysis ATS AI Generated: 2026-08-07 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.