QQQ PowerShares QQQ Daily Chart Analysis: 2026-Oct-18 18:06 CT

Price Action

• Last: 707.23,
• Bars: Large,
• 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 Bearish,
• MSFG Trend: Bearish.

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: UTrend,
• 3. Pvt. Evolve: Pvt low 707.23,
• 4. Pvt. Next: Pvt high 727.70,
• 5. Levels R: 762.86,
• 6. Levels S: 707.23, 700.00, 661.14.

Daily Benchmarks

• (Short-Term) 5 Day: 739.57 Up Trend,
• (Short-Term) 10 Day: 746.86 Down Trend,
• (Intermediate-Term) 20 Day: 745.10 Down Trend,
• (Intermediate-Term) 55 Day: 722.47 Up Trend,
• (Long-Term) 100 Day: 700.94 Up Trend,
• (Long-Term) 200 Day: 674.46 Up Trend.

Additional Metrics

• ATR: 6.00,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ has undergone a fast, high-range downswing from the 762.86 pivot high and is testing the active 707.23 pivot-low area near the 100-day benchmark at 700.94. The short-term pivot structure is bearish, with price below the 5-, 10-, 20-, and 55-day benchmarks after rejection from the October monthly grid. Intermediate structure remains mixed because the HiLo trend and 55-day benchmark are still upward, while the long-term trend remains constructive above rising 100- and 200-day averages. The 700.00 level is the immediate structural support; 727.70 is the next pivot-reversal reference, with 762.86 remaining major overhead resistance. For a futures swing-trader perspective, the current condition is a volatile countertrend pullback within a broader long-term uptrend, with expanding downside momentum and elevated volume participation.