QQQ PowerShares QQQ Daily Chart Analysis: 2026-Oct-22 07:07 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

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.