QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Aug-21 07:08 CT

Price Action

• Last: 689.00,
• Bars: Medium,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Above NTZ,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 734.58,
• 4. Pvt. Next: Pvt low 670.00,
• 5. Levels R: 748.65, 734.58,
• 6. Levels S: 661.14, 555.60, 422.67, 413.07, 342.35.

Weekly Benchmarks

• (Short-Term) 5 Day: 704.30 Up Trend,
• (Short-Term) 10 Day: 712.82 Up Trend,
• (Intermediate-Term) 20 Day: 694.61 Up Trend,
• (Intermediate-Term) 55 Day: 638.41 Up Trend,
• (Long-Term) 100 Day: 577.78 Up Trend,
• (Long-Term) 200 Day: 477.58 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ’s weekly structure remains broadly bullish from a futures swing-trader perspective: the intermediate HiLo trend is rising, price is materially above the rising 55-, 100-, and 200-period benchmarks, and the 2026 yearly grid has been exceeded on the upside. Short-term action is more rotational after rejection beneath the 734.58 pivot high; last price is below the rising 5-, 10-, and 20-period benchmarks while remaining above the 661.14 swing support. The recent rebound from the 661 area preserved the larger higher-low sequence, leaving 734.58 and then 748.65 as overhead pivot resistance, while 670.00 defines the active opposite-pivot reversal level.