QQQ - Technical Analysis 2026

Weekly price is trying to break the resistance level at 649 to above for the strong bullish breakout to be continuing. The Chinkou Span line of Ichimoku indicator is crossed the historical price to above indicating the breakout to be continuing in the near future.

• If the price breaks support level at 637 to below so the secondary correction will be started;
• if the price crosses the support at 555 so the primary weekly bearish reversal may be started in the secondary ranging way;
• if the price breaks 649 resistance level on weekly close bar so the strong bullish breakout may be continuing.

Trading Summary: watch the price to be crossed with the levels for possible buy or sell trades on the lower timeframes for example.