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

Price Action

• Last: 655.09,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Nov

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Bearish,
• MSFG Trend: Down.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 647.05,
• 4. Pvt. Next: Pvt high 668.89,
• 5. Levels R: 762.86, 727.95, 726.14,
• 6. Levels S: 647.05, 595.60, 551.68, 505.58, 422.93.

Daily Benchmarks

• (Short-Term) 5 Day: 679.17 Down Trend,
• (Short-Term) 10 Day: 697.47 Down Trend,
• (Intermediate-Term) 20 Day: 712.49 Down Trend,
• (Intermediate-Term) 55 Day: 716.15 Down Trend,
• (Long-Term) 100 Day: 717.32 Down Trend,
• (Long-Term) 200 Day: 680.71 Down Trend.

Additional Metrics

• ATR: 34.07,
• VOLMA: 94.00.

Overall Rating

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

Key Insights Summary

QQQ, a useful directional proxy for Nasdaq futures swing conditions, is in a broad downside expansion marked by large bars, fast negative momentum, and a fresh 647.05 pivot low. Price is below every benchmark average, while all averages except the flat 200-day measure are declining, confirming bearish alignment across short, intermediate, and long-term horizons. The November monthly grid has been decisively lost to the downside, and the failed rebound near 690 created a lower-high rejection within the ongoing selloff. The immediate structural reference is 647.05 support; a pivot reversal requires recovery through 668.89, while 680.71 through 697.47 represents a dense moving-average resistance zone. Elevated ATR and expanding volume indicate an unusually volatile futures-style price environment rather than orderly consolidation.