QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Aug-17 07:07 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

QQ futures-equivalent structure is broadly bullish across the weekly swing horizon: price has recovered sharply from the 555.60 swing low, reclaimed all benchmark averages, and is pressing the 734.39 pivot high beneath 748.65 resistance. The large weekly bars and fast momentum reflect an expansion phase rather than a quiet consolidation. The 661.14 support area marks the nearest major higher-low reference, while the rising 20, 55, 100, and 200-period benchmarks confirm aligned intermediate and long-term trend strength.


Chart Analysis ATS AI Generated: 2026-08-17 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.