← All signalsMNQ forms a Class A ▼ after sweeping the London session high at 29119.75, establishing fresh displacement down to 29045. The swing sequence presents ITH → ITL → ITH → ITL structure, with the most recent ITL at 29062 sitting just above the current displacement floor. A bear FVG sits compressed between 29051–29053, formed during the final minutes of the current candle in off-hours conditions. The MSS level anchors at 29048.25, marking the structural support beneath the latest ITL. Prior session liquidity has been extensively swept: PDH, PDL, Asian range, London high, and both NDOG and NWOG capture extensions. The 60-minute bias reads bear while lower timeframes (15/30) retain bull structure—a divergence worth observing. For students: notice how the displacement low now sits just above the PWL (28408.25) but well above the swing low printed earlier. Watch whether price compresses further into the FVG or rotates into offer above the latest ITH—the direction of that next Class A will signal whether liquidity beneath remains the target or whether buy-side orders become relevant. Price sits 63 points below VWAP with the EMA stack compressed and unaligned—20, 50, and 200 all clustered between 29060 and 29067—signaling a lack of directional conviction. RSI at 39.57 registers as weak momentum, well below 50, indicating selling pressure has dominated. MACD shows the line marginally above its signal line with a small positive histogram, suggesting early stabilization of momentum but no acceleration yet. ATR at 11 points reflects subdued volatility relative to recent ranges. Volume at 347 contracts is notably light, only 51% of the 20-bar average, underscoring thin participation at this level. The combination of price below both VWAP and a congested EMA cluster, paired with weak RSI and light volume conviction, presents a market in retracement mode with little institutional buying force present.
Class A ▼ detected in off_hours
Thu, Jul 23, 2026, 06:09 AM EDT
ICT perspective
Setup, swing context, displacement, killzone
▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept
same setup, second lens
Traditional TA perspective
VWAP / EMA stack / RSI / MACD / Volume
━ VWAP━ EMA 20━ EMA 50┄ EMA 200·━ RSI(14)━ MACD━ Signal
Setup context
- MSS level
- 29048.25
- Displacement
- 29045 → 29067.5
- FVG
- —
- Killzone
- off_hours
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITH@29103 → ITL@29067.5 → ITH@29087 → ITH@29062
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.