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

Price Action

• Last: 648.35,
• 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 Bullish,
• MSFG Trend: Bullish.

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 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.

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: 665.85 Up Trend,
• (Long-Term) 100 Day: 602.60 Up Trend,
• (Long-Term) 200 Day: 501.42 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ futures-equivalent price action is in a fast, large-range weekly pullback from the 762.86 pivot high, with the short-term pivot structure now in DTrend and price below the 5, 10, 20, and 55-period benchmark levels. The 647.05 swing low is the immediate structural reference, while 698.85 is the defined reversal-pivot level for restoring the short-term upswing. The intermediate and long-term structure remains constructive: the HiLo trend is UTrend, the 55, 100, and 200-period benchmarks retain upward slopes, and price remains well above the major 555.60 and 402.39 supports. The current pattern reflects a sharp counter-trend decline within a broader bullish cycle rather than a completed long-term trend reversal.