QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Oct-21 07:07 CT

Price Action

• Last: 717.00,
• 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 Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: 412.202%
• F0%/NTZ' Bias: Price Above NTZ Upper,
• YSFG Trend: Bullish.

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 755.89,
• 5. Levels R: 762.86,
• 6. Levels S: 707.23, 661.14, 555.60, 422.67, 413.07.

Weekly Benchmarks

• (Short-Term) 5 Day: 735.21 Down Trend,
• (Short-Term) 10 Day: 727.14 Down Trend,
• (Intermediate-Term) 20 Day: 718.68 Up Trend,
• (Intermediate-Term) 55 Day: 663.26 Up Trend,
• (Long-Term) 100 Day: 598.81 Up Trend,
• (Long-Term) 200 Day: 497.61 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ reflects a futures-style two-sided swing environment: the major weekly structure remains constructive, with price above the rising 55, 100, and 200 benchmarks and well above the yearly NTZ. Short-term structure has deteriorated after rejection from 762.86, producing a DTrend pivot sequence and fast downside momentum beneath the declining 5 and 10 benchmarks. The 707.23 pivot low is the immediate structural reference, while 661.14 is the next important intermediate support. A recovery through the 718.68 20-period benchmark would represent a return toward the short-term mean, while 755.89 to 762.86 remains the upper pivot-resistance zone. The weekly pattern is presently a pullback within a broader higher-high, higher-low advance rather than a confirmed long-term trend reversal.