QQQ PowerShares QQQ Daily Chart Analysis: 2026-Oct-01 07:08 CT

Price Action

Last: 739.57,
Bars: Small,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: 68%
F0%/NTZ' Bias: Price Bullish,
WSFG Trend: UTrend.

MSFG Month Oct

Intermediate-Term
MSFG Current: 68%
F0%/NTZ' Bias: Price Bullish,
MSFG Trend: UTrend.

YSFG Year 2026

Long-Term
YSFG Current: 96%
F0%/NTZ' Bias: Price Bullish,
YSFG Trend: UTrend.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt low 731.63,
4. Pvt. Next: Pvt high 747.47,
5. Levels R: 748.65, 748.35, 743.35,
6. Levels S: 731.63, 700.00, 661.14.

Daily Benchmarks

(Short-Term) 5 Day: 740.25 Up Trend,
(Short-Term) 10 Day: 733.33 Up Trend,
(Intermediate-Term) 20 Day: 722.49 Up Trend,
(Intermediate-Term) 55 Day: 717.28 Up Trend,
(Long-Term) 100 Day: 710.69 Up Trend,
(Long-Term) 200 Day: 686.77 Up Trend.

Additional Metrics

ATR: 28.89,
VOLMA: 20M.

Overall Rating

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

Key Insights Summary

QQ futures-equivalent price structure remains broadly constructive: price is above every rising benchmark and the intermediate HiLo pivot structure remains in an UTrend. The late-September advance reached the 748.35-748.65 resistance cluster, then retraced sharply to the 731.63 pivot low before recovering into a narrow consolidation near 740. Short-term pivot status remains DTrend because the latest active swing is a pivot low, while the recovery above the weekly and monthly F0% areas preserves the larger bullish structure. The near-term tape is compressed between 743.35 resistance and 731.63 support, with reduced momentum and relatively contained volume following the high-volatility rally. A sustained move through the upper resistance cluster would extend the existing higher-timeframe trend, while rejection below 731.63 would characterize the current move as a deeper countertrend retracement within the broader advance.