QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Nov-02 11:11 CT

Price Action

• Last: 683.45,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Nov

• 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 Bullish,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 683.45,
• 4. Pvt. Next: Pvt high 731.49,
• 5. Levels R: 762.86,
• 6. Levels S: 683.45, 661.14, 555.60, 422.67, 413.07, 342.35.

Weekly Benchmarks

• (Short-Term) 5 Day: 721.11 Down Trend,
• (Short-Term) 10 Day: 722.18 Down Trend,
• (Intermediate-Term) 20 Day: 717.11 Down Trend,
• (Intermediate-Term) 55 Day: 665.65 Up Trend,
• (Long-Term) 100 Day: 602.60 Up Trend,
• (Long-Term) 200 Day: 501.62 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ’s weekly structure reflects a fast, short-term futures-style liquidation leg from the 762.86 pivot high into a newly evolving 683.45 pivot low. Price is below the declining 5-, 10-, and 20-week benchmarks, confirming near-term downside momentum, while the rising 55-, 100-, and 200-week benchmarks and UTrend HiLo structure preserve the broader bull-cycle backdrop. The 683.45 pivot is the immediate swing reference, with 661.14 the next notable weekly support; recovery through 717.11 to 731.49 would characterize a countertrend rebound within the current DTrend, while 762.86 remains the major overhead swing-high resistance.