QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Nov-06 07:07 CT

Price Action

• Last: 647.05,
• 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 Above NTZ,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 647.05,
• 4. Pvt. Next: Pvt high 698.85,
• 5. Levels R: 762.86, 698.85,
• 6. Levels S: 647.05, 555.60, 402.39, 342.35, 254.26.

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: 501.82 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ is undergoing a fast, large-range weekly pullback from the 762.86 pivot high, with price now below the 5-, 10-, 20-, and 55-week benchmarks. From a futures swing-trader perspective, this resembles a sharp NQ-led countertrend liquidation within a still-positive longer-term structure: the intermediate HiLo trend remains upward and price remains above the rising 100- and 200-week benchmarks. The active 647.05 pivot low is the immediate structural reference, while 698.85 is the next upside pivot-reversal threshold; the current decline has shifted near-term market character from trend continuation to high-volatility retracement.