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

Price Action

• Last: 701.16,
• Bars: Medium,
• 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: 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 701.16,
• 4. Pvt. Next: Pvt high 750.28,
• 5. Levels R: 762.86,
• 6. Levels S: 701.16, 661.14, 555.60, 422.67, 413.07.

Weekly Benchmarks

• (Short-Term) 5 Day: 735.20 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: Bullish,
• Long-Term: Bullish.

Key Insights Summary

QQQ’s weekly structure remains a larger-scale bull trend, with price holding above the rising 55-, 100-, and 200-week benchmarks and remaining above the 2026 yearly NTZ. The futures-swing perspective is defined by a short-term countertrend decline: price has fallen below the 5-, 10-, and 20-week benchmarks, while the pivot trend shifted to DTrend from the 762.86 high. The 701.16 pivot low is the immediate structural reference; 661.14 is the next major higher-low support zone. A recovery through the 718.68 to 735.20 moving-average cluster would represent improvement in short-term momentum, while 750.28 and 762.86 define the upper pivot and prior-high resistance sequence.