QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-24 07:07 CT

Price Action

• Last: 708.68,
• Bars: Medium,
• Mom: 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 Above NTZ,
• MSFG Trend: Bullish.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 708.52,
• 4. Pvt. Next: Pvt high 724.68,
• 5. Levels R: 748.65, 745.45, 737.62, 734.58,
• 6. Levels S: 708.52, 661.14, 555.60, 551.68, 523.65.

Daily Benchmarks

• (Short-Term) 5 Day: 721.09 Down Trend,
• (Short-Term) 10 Day: 722.36 Down Trend,
• (Intermediate-Term) 20 Day: 707.73 Up Trend,
• (Intermediate-Term) 55 Day: 707.19 Up Trend,
• (Long-Term) 100 Day: 693.30 Up Trend,
• (Long-Term) 200 Day: 652.37 Up Trend.

Additional Metrics

• ATR: 6.00,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The futures swing structure reflects a sharp short-term pullback from the 734.58 pivot resistance zone into the 708.52 pivot-low area. Short-term pivot direction and the 5-day and 10-day benchmarks are down, confirming fast bearish momentum, while price is testing the rising 20-day and 55-day benchmark cluster near 707. The intermediate and long-term structure remains constructive through higher-level moving-average alignment, with the August monthly grid holding above its NTZ region and the 100-day and 200-day averages still rising. The current pattern is a counter-trend retracement within the broader advance; 724.68 is the next upside pivot reference, while 708.52 is the immediate structural support reference.