
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Oct-22 07:07 CT
Price Action
- Last: 715.56,
- Bars: Small,
- Mom: Average.
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 Below NTZ,
- 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: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt high 727.95,
- 4. Pvt. Next: Pvt low 709.97,
- 5. Levels R: 763.00, 727.95,
- 6. Levels S: 707.23, 700.00, 661.14.
Daily Benchmarks
- (Short-Term) 5 Day: 720.55 Down Trend,
- (Short-Term) 10 Day: 734.89 Down Trend,
- (Intermediate-Term) 20 Day: 739.43 Down Trend,
- (Intermediate-Term) 55 Day: 725.05 Down Trend,
- (Long-Term) 100 Day: 720.43 Down Trend,
- (Long-Term) 200 Day: 675.95 Up Trend.
Additional Metrics
- ATR: 28.72,
- VOLMA: 26000000.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Neutral.
Key Insights Summary
QQQ, a liquid proxy for Nasdaq futures price action, is in a countertrend rebound from the 707.23 swing-support area but remains beneath the declining 5-, 10-, 20-, 55-, and 100-day benchmarks. The short-term pivot has turned upward, with 727.95 defining the active pivot-high threshold; however, the broader HiLo pivot structure remains bearish following the rejection from the 763.00 high. October MSFG positioning remains below its NTZ, reinforcing the intermediate-term retracement theme. The 725.05 55-day average and 727.95 pivot resistance form the immediate overhead test area, while 709.97, 707.23, and 700.00 define the nearby support sequence. The rising 200-day average near 675.95 preserves a constructive major-trend foundation despite the current daily correction.
Chart Analysis ATS AI Generated: 2026-10-22 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.