QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Aug-18 07:07 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

QQQ remains in a broad weekly uptrend, with price holding above every benchmark average and trading materially above the 2026 yearly NTZ/F0% area. The current swing sequence has recovered from the 670.74 pivot low and is pressing the 734.58 pivot-high area beneath 748.65 resistance. Momentum is fast and the moving-average structure is positively aligned, while the elevated distance above the 20-, 55-, and long-term benchmarks reflects a strong but extended upside leg. From a futures swing-trader perspective, the dominant structure is continuation-oriented until the pivot sequence changes; 734.58 and 748.65 define the immediate overhead test zone, while 670.74 and 661.14 identify the nearest meaningful weekly retracement structure.


Chart Analysis ATS AI Generated: 2026-08-18 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.