QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Oct-16 07:08 CT

Price Action

• Last: 732.88,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Oct

• 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 Above NTZ,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 762.88,
• 4. Pvt. Next: Pvt low 712.72,
• 5. Levels R: 762.88,
• 6. Levels S: 661.14, 555.60, 422.87, 413.07, 342.35.

Weekly Benchmarks

• (Short-Term) 5 Day: 736.34 Up Trend,
• (Short-Term) 10 Day: 728.48 Up Trend,
• (Intermediate-Term) 20 Day: 720.11 Up Trend,
• (Intermediate-Term) 55 Day: 681.53 Up Trend,
• (Long-Term) 100 Day: 596.68 Up Trend,
• (Long-Term) 200 Day: 495.44 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ maintains a broad weekly advance with aligned higher highs, higher lows, rising pivot structure, and all benchmark averages in confirmed uptrends. From a futures swing-trader perspective, price is consolidating beneath the 762.88 pivot-high resistance after a strong recovery from the 661.14 support zone. The 5-week average is slightly above price while the 10- and 20-week averages remain beneath it, reflecting a short-term pause within a fast longer-term momentum trend. A sustained weekly structure above 712.72 preserves the current bullish pivot sequence; 762.88 remains the defining overhead swing reference, while 661.14 is the major intermediate retracement reference.