QQQ PowerShares QQQ Daily Chart Analysis: 2026-Oct-19 07:07 CT

Price Action

• Last: 710.23,
• 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, 556.68.

Daily Benchmarks

• (Short-Term) 5 Day: 739.57 Down Trend,
• (Short-Term) 10 Day: 746.86 Down Trend,
• (Intermediate-Term) 20 Day: 743.12 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: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ, a useful equity-index futures proxy for Nasdaq swing structure, shows a fast, large-range liquidation from the 762.86 pivot high into the 707.23 pivot low. The short-term pivot sequence is bearish and price is below the declining 5-, 10-, and 20-day benchmarks, reflecting downside momentum and a failed October-grid hold. The 700.00 level is the next prominent structural support beneath 707.23, while 727.70 is the immediate reversal threshold and 762.86 remains the dominant overhead pivot resistance. Intermediate structure remains mixed because the HiLo trend and 55-day benchmark retain an upward orientation, while long-term trend structure remains constructive above rising 100- and 200-day averages. The current pattern is a sharp countertrend pullback within the longer-term advance rather than a confirmed long-term trend reversal.