
QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Oct-04 18:06 CT
Price Action
- Last: 753.44,
- Bars: Medium,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Oct
- 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: UTrend.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt high 754.54,
- 4. Pvt. Next: Pvt low 699.68,
- 5. Levels R: 754.54,
- 6. Levels S: 699.68, 661.14, 555.60, 422.87, 413.07, 342.35.
Weekly Benchmarks
- (Short-Term) 5 Day: 723.24 Up Trend,
- (Short-Term) 10 Day: 715.60 Up Trend,
- (Intermediate-Term) 20 Day: 716.39 Up Trend,
- (Intermediate-Term) 55 Day: 654.82 Up Trend,
- (Long-Term) 100 Day: 591.68 Up Trend,
- (Long-Term) 200 Day: 490.01 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ, a directional proxy for Nasdaq index futures, remains in a broad bullish weekly structure: price is above every benchmark average and both pivot trend measures are upward. The market is pressing the 754.54 pivot-high resistance after a fast recovery from the 699.68 support pivot, creating a near-term high-test/consolidation condition. The rising 5-, 10-, and 20-week benchmarks clustered near 716-723 define the nearer trend foundation, while 661.14 is the next important structural support beneath the current pivot low. The yearly grid is decisively above its NTZ and F0% region, confirming a mature long-term advance despite short-term volatility around the prior high.
Chart Analysis ATS AI Generated: 2026-10-04 18:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.