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

Price Action

• Last: 712.02,
• Bars: Medium,
• 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 Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Above NTZ,
• YSFG Trend: UTrend.

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 756.01,
• 5. Levels R: 762.86,
• 6. Levels S: 661.14, 555.60, 422.87, 413.07.

Weekly Benchmarks

• (Short-Term) 5 Day: 735.10 Down Trend,
• (Short-Term) 10 Day: 727.14 Down Trend,
• (Intermediate-Term) 20 Day: 718.68 Down Trend,
• (Intermediate-Term) 55 Day: 663.26 Up Trend,
• (Long-Term) 100 Day: 598.31 Up Trend,
• (Long-Term) 200 Day: 497.61 Up Trend.

Overall Rating

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

Key Insights Summary

The futures swing-trader perspective is a short-term corrective phase inside a still-positive higher-timeframe Nasdaq structure. QQQ has retraced sharply from the 762.86 pivot resistance area and remains beneath the declining 5-, 10-, and 20-week benchmarks, confirming near-term downward swing pressure. The 707.23 evolving pivot low is the immediate structural reference, while 756.01 is the pivot-reversal threshold and 762.86 remains the major overhead swing high. Intermediate structure is mixed because the HiLo trend remains upward and price is above the rising 55-week average at 663.26. Long-term trend conditions remain constructive, with price materially above rising 100- and 200-week benchmarks and above the 2026 yearly NTZ. This configuration reflects a volatile countertrend pullback rather than a confirmed long-term trend reversal.