
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Oct-29 07:07 CT
Price Action
- Last: 726.86,
- 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 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: Neutral,
- 3. Pvt. Evolve: Pvt high 726.14,
- 4. Pvt. Next: Pvt low 704.78,
- 5. Levels R: 762.86, 727.95, 726.14,
- 6. Levels S: 701.16, 700.00, 661.14, 555.60.
Daily Benchmarks
- (Short-Term) 5 Day: 713.50 Up Trend,
- (Short-Term) 10 Day: 717.03 Up Trend,
- (Intermediate-Term) 20 Day: 733.18 Down Trend,
- (Intermediate-Term) 55 Day: 726.96 Down Trend,
- (Long-Term) 100 Day: 719.40 Up Trend,
- (Long-Term) 200 Day: 678.23 Up Trend.
Additional Metrics
- ATR: 28.88,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
QQQ, as an NQ futures directional proxy, has produced a sharp V-style recovery from the 700-701 support cluster and regained both short-term benchmarks. The short-term pivot structure is upward and momentum is fast, although price is testing the 726.14-727.95 resistance band while remaining below the declining 20-day average at 733.18 and below the October monthly NTZ. Intermediate structure remains mixed-to-bearish after the October decline, while the rising 100-day and 200-day averages preserve the longer-term bullish backdrop. The 701.16-700.00 area remains the key completed-swing support zone, with 762.86 the major overhead pivot resistance.
Chart Analysis ATS AI Generated: 2026-10-29 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.