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

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

QQQ is undergoing a fast short-term corrective swing after rejection from the 762.86 pivot high. Price is below the declining 5, 10, and 20-week benchmarks, confirming downside short-term momentum, while 681.14 is the immediate structural pivot-low support. The intermediate and long-term structure remains constructive: the HiLo trend is still upward, price remains above the rising 55, 100, and 200-week benchmarks, and it is holding above the 2026 yearly NTZ/F0% area. From a futures swing-trader perspective, this is a countertrend liquidation phase inside a broader higher-high and higher-low advance; the 732.19 pivot threshold defines the near-term recovery structure, while sustained trade below 681.14 would emphasize a deeper retracement toward the rising 55-week benchmark near 664.73.


Chart Analysis ATS AI Generated: 2026-10-31 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.