QQQ PowerShares QQQ Daily Chart Analysis: 2026-Oct-24 07:06 CT

Price Action

• Last: 701.16,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Bearish,
• WSFG Trend: DTrend.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Bearish,
• MSFG Trend: DTrend.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 701.16,
• 4. Pvt. Next: Pvt high 720.60,
• 5. Levels R: 762.86, 727.95,
• 6. Levels S: 701.16, 661.14.

Daily Benchmarks

• (Short-Term) 5 Day: 715.09 Down Trend,
• (Short-Term) 10 Day: 727.33 Down Trend,
• (Intermediate-Term) 20 Day: 737.24 Down Trend,
• (Intermediate-Term) 55 Day: 725.48 Down Trend,
• (Long-Term) 100 Day: 719.93 Down Trend,
• (Long-Term) 200 Day: 676.89 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The futures swing structure is decisively corrective in the short and intermediate horizons: price has broken beneath the October MSFG NTZ and F0% area, all 5 through 100-day benchmarks are declining, and the pivot sequence remains DTrend. The sharp decline into 701.16 establishes that level as the immediate pivot-support test, while 720.60 is the next pivot-reversal threshold and 727.95 is the more substantial overhead resistance. The decline follows a failed recovery from the early-October high near 762.86, creating lower highs and accelerating downside momentum. The broader 200-day average remains rising beneath price near 676.89, so the long-term structure is not fully bearish; however, the active swing cycle is a downside retracement with elevated range expansion and bearish TR120, WSFG, and MSFG alignment.