QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Oct-05 07:08 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

QQQ is displaying a broad weekly expansion phase from a futures swing-trader perspective: price is holding above all rising benchmark averages, the short-term pivot structure remains in UTrend, and the intermediate HiLo sequence continues to register higher highs and higher lows. The market has reclaimed and exceeded the prior 748.65 resistance area, placing the 754.54 pivot high at the immediate overhead reference. The 699.68 pivot-low reversal level is the nearest structural swing reference below current price, followed by the 661.14 support zone. Price is materially extended above the yearly NTZ and the 20-, 55-, 100-, and 200-period benchmarks, reflecting persistent upside participation and fast momentum rather than a balanced consolidation. Recent weekly bars show elevated range and a strong recovery from the 661 area, consistent with an advancing, volatility-expanded trend cycle.


Chart Analysis ATS AI Generated: 2026-10-05 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.