QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Nov-08 18:07 CT

Price Action

• Last: 652.86,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Nov

• Intermediate-Term
• MSFG Current: N/A%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: N/A%
• 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 702.75,
• 5. Levels R: 702.86,
• 6. Levels S: 647.05, 402.39, 342.35, 254.26.

Weekly Benchmarks

• (Short-Term) 5 Day: 721.11 Up 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: 602.6 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’s weekly structure reflects a sharp corrective downswing from the recent 750-area high, with large bars and fast downside momentum pushing price below the 5, 10, 20, and 55-week benchmarks. The short-term pivot sequence is bearish, while the intermediate HiLo trend remains upward and the 100- and 200-week averages retain rising long-term structure. For index-futures context, this depicts a counter-trend decline within a broader bullish cycle: 647.05 is the immediate pivot support, 702.86 is the principal overhead swing resistance, and the recent decline has shifted the weekly market from an extended advance into a volatile retracement phase.