QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Nov-04 07:07 CT

Price Action

• Last: 680.33,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

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: UTrend.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 680.33,
• 4. Pvt. Next: Pvt high 728.85,
• 5. Levels R: 762.86,
• 6. Levels S: 661.14, 555.60, 402.39, 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: Bullish,
• Long-Term: Bullish.

Key Insights Summary

QQQ reflects a sharp weekly downside rotation from the 762.86 pivot high, with price below the declining 5, 10, and 20-period benchmarks and the short-term pivot structure in DTrend. From a futures swing-trader perspective, this resembles a fast counter-trend retracement within a still-positive intermediate and long-term structure: price remains above the rising 55, 100, and 200-period benchmarks, while the HiLo trend remains UTrend. The 661.14 support area is the nearest structural test below current price; 728.85 is the next pivot-reversal level overhead, followed by the 762.86 major resistance high. Volatility has expanded during the decline, indicating a more forceful short-term corrective cycle rather than the prior steady advance.