
QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Aug-07 07:07 CT
Price Action
- Last: 731.00,
- Bars: Medium,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Bullish,
- WSFG Trend: Bullish.
MSFG Month Aug
- 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: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt high 728.54,
- 4. Pvt. Next: Pvt low 663.90,
- 5. Levels R: 748.65, 728.54,
- 6. Levels S: 661.14, 555.60, 522.67, 413.07, 342.35.
Weekly Benchmarks
- (Short-Term) 5 Day: 701.13 Up Trend,
- (Short-Term) 10 Day: 711.75 Up Trend,
- (Intermediate-Term) 20 Day: 679.25 Up Trend,
- (Intermediate-Term) 55 Day: 631.72 Up Trend,
- (Long-Term) 100 Day: 572.48 Up Trend,
- (Long-Term) 200 Day: 472.69 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The weekly structure remains strongly upward aligned, with price above every benchmark average and both pivot trend measures in UTrend. The recent recovery from the 661.14 swing-support area produced a fast, V-shaped advance back above the 728.54 pivot high, placing 748.65 as the next visible overhead resistance. For futures swing context, the dominant theme is bullish trend continuation with elevated weekly-range volatility; 728.54 is the near-term breakout/retest reference, while 661.14 defines the principal structural pullback level.
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.