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

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

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.