QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-20 07:08 CT

Price Action

• Last: 716.21,
• Bars: Small,
• Mom: Slow.

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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 716.21,
• 4. Pvt. Next: Pvt high 731.45,
• 5. Levels R: 748.65, 745.45, 737.62, 734.58,
• 6. Levels S: 718.61, 661.14, 555.60, 551.68, 523.65.

Daily Benchmarks

• (Short-Term) 5 Day: 726.84 Down Trend,
• (Short-Term) 10 Day: 722.85 Down Trend,
• (Intermediate-Term) 20 Day: 708.24 Up Trend,
• (Intermediate-Term) 55 Day: 706.72 Up Trend,
• (Long-Term) 100 Day: 690.91 Up Trend,
• (Long-Term) 200 Day: 651.51 Up Trend.

Additional Metrics

• ATR: 9.00,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ, a closely watched NQ futures proxy, is in a short-term pullback within a broader intermediate and long-term uptrend. Price has rolled below the declining 5-day and 10-day benchmarks after rejection from the 734.58 to 737.62 resistance area, while the pivot model remains in a DTrend. The 716.21 pivot-low area is the immediate short-term reference, with 718.61 nearby support and 731.45 defining the next pivot-high reversal threshold. The 20-day and 55-day averages remain rising beneath price near 708 to 707, preserving the larger higher-low structure. Volume has moderated during the retreat and ATR near 9.00 reflects contained, rather than expanding, daily range volatility. The August monthly grid remains beneath price, indicating the decline is presently a countertrend retracement rather than a confirmed intermediate trend reversal.