QQQ PowerShares QQQ Daily Chart Analysis: 2026-Sep-17 07:10 CT

Price Action

Last: 704.00,
Bars: Medium,
Mom: Slow.

WSFG Weekly

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

MSFG Month Sep

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 Neutral,
YSFG Trend: Neutral.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt low 700.00,
4. Pvt. Next: Pvt high 712.94,
5. Levels R: 748.65, 745.45, 737.62, 734.58, 724.13, 721.89,
6. Levels S: 700.00, 681.14, 595.60, 551.68, 523.65.

Daily Benchmarks

(Short-Term) 5 Day: 710.72 Up Trend,
(Short-Term) 10 Day: 712.55 Down Trend,
(Intermediate-Term) 20 Day: 715.33 Down Trend,
(Intermediate-Term) 55 Day: 709.83 Down Trend,
(Long-Term) 100 Day: 710.24 Down Trend,
(Long-Term) 200 Day: 661.14 Up Trend.

Additional Metrics

ATR: 28.64,
VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ reflects a short-term futures-style corrective structure: price is below the 5, 10, 20, 55, and 100-day benchmarks while both pivot-trend measures remain in DTrend. The sequence from the August rally high near 735 has developed lower highs and lower lows, with the latest decline testing the 700 pivot-support area. The 712.94 pivot-next level and the clustered 709-715 moving-average zone define the nearby countertrend recovery area, while 724.13 and 734.58 remain overhead swing resistance. Long-term structure remains constructive because price is materially above the rising 200-day benchmark, although the declining 100-day average shows that the intermediate price cycle is still in retracement mode. Volume is subdued versus prior expansion periods and momentum has slowed, consistent with consolidation around the September monthly grid rather than a broad upside continuation.