QQQ PowerShares QQQ Daily Chart Analysis: 2026-Oct-31 07:06 CT

Price Action

• Last: 683.45,
• Bars: Large,
• 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: Down Trend.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 683.45,
• 4. Pvt. Next: Pvt high 704.07,
• 5. Levels R: 762.86, 727.95, 726.14,
• 6. Levels S: 683.45, 661.14, 655.60, 551.68, 520.65.

Daily Benchmarks

• (Short-Term) 5 Day: 715.78 Down Trend,
• (Short-Term) 10 Day: 715.43 Down Trend,
• (Intermediate-Term) 20 Day: 731.14 Down Trend,
• (Intermediate-Term) 55 Day: 728.04 Down Trend,
• (Long-Term) 100 Day: 720.95 Down Trend,
• (Long-Term) 200 Day: 679.16 Up Trend.

Additional Metrics

• ATR: 28.77,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ reflects a high-velocity downside leg that a futures swing trader would view as a bearish NQ-equivalent momentum phase. Price has broken beneath the October MSFG lower boundary, all short and intermediate benchmark averages, and the prior 701.16 support area. Both pivot structures are in DTrend, with the current evolving pivot low at 683.45; the next confirmed opposite pivot reference is 704.07. The decline is extended into the rising 200-day benchmark near 679.16, while 661.14 is the next major swing support. Overhead, 726.14-727.95 forms the nearest resistance cluster, followed by the October NTZ near 738-748. Long-term structure is mixed because price remains near the rising 200-day average while trading below the declining 100-day average.