
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Nov-08 18:07 CT
Price Action
- Last: 657.00,
- 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 Neutral,
- YSFG Trend: Neutral.
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 674.47,
- 5. Levels R: 762.86, 726.14,
- 6. Levels S: 647.05, 556.60, 551.68, 427.93, 402.39.
Daily Benchmarks
- (Short-Term) 5 Day: 679.17 Down Trend,
- (Short-Term) 10 Day: 697.47 Down Trend,
- (Intermediate-Term) 20 Day: 712.74 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: 12,
- VOLMA: 58000000.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
QQQ displays a high-volatility liquidation structure that a futures swing trader would associate with a decisively bearish NQ-equivalent tape: large-range bars, fast downside momentum, and price materially below every listed benchmark. Both the short-term pivot trend and intermediate HiLo trend are DTrend, with 674.47 defining the next pivot-high reversal threshold and 647.05 the active pivot-low support. The decline from the 726.14 resistance area has produced lower highs and lower lows, while the recent break beneath the 200-day benchmark near 680.71 confirms broad trend deterioration. The current rebound attempt is small relative to the prior selloff; 674.47, 679.17, and 680.71 form a dense overhead recovery zone, while a loss of 647.05 leaves the lower swing-support sequence at 556.60 and 551.68 as the next major structural reference.
Chart Analysis ATS AI Generated: 2026-11-08 18:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.