QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Aug-10 07:07 CT

Price Action

• Last: 728.54,
• Bars: Large,
• 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 Down 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: 472.84 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ’s weekly structure remains broadly constructive from a futures swing-trader perspective: price has produced a sharp V-shaped recovery from the 555.60 swing-low area and reclaimed all major rising benchmark averages. The short-term pivot trend and intermediate HiLo trend are both up, although the 10-period benchmark remains in a down trend and reflects residual near-term compression following the volatile recovery. Price is retesting the 728.54 pivot-high area beneath major resistance at 748.65, while 663.90 is the next pivot-reversal reference and 661.14 is the closest established swing support. The wider structure remains a sequence of higher highs and higher lows, with price holding above the yearly NTZ and its intermediate and long-term benchmark stack.