← All signalsMNQ forms a Class ▼ after successive displacement sweeping PM, Asian, and London liquidity into a PDH at 31150.25, establishing bearish structure through the session. The displacement ranges 31022.75–31056.25; within it sits a bear FVG (31038.5–31041.5) formed during the recent pullback, now exposed below the MSS level at 31028.5. A bullish iFVG (31042.75–31045) nests above, creating a compressed fairvalue zone. The current setup presents in the PM killzone, where price has already swept multiple session highs and returned lower. The swing sequence shows ITH at 31076.75 followed by lower ITLs, confirming the directional bias. A student watching this structure might observe how the bear FVG sits *inside* the displacement yet *above* the MSS—a common configuration where lower-timeframe reversals often fail to hold until liquidity below the MSS engages. The setup rewards patience for clarification of whether price respects the displaced floor or continues grinding lower into fresh structure. Price closes 33 points below VWAP with the entire EMA stack in bearish alignment—20, 50, and 200 all stacked lower. RSI at 39.84 sits in weak territory, signaling momentum depletion below the 50 midpoint. MACD reinforces the bearish lean: the line trades below its signal at −2.90 versus −1.02, and the histogram remains negative at −1.87, confirming no bullish crossover intent. Volume at 1867 contracts slightly above the 20-bar average (1.04 ratio), suggesting conviction is present but not exceptional. ATR of 10.26 points reflects subdued intrabar volatility for the timeframe. The composite picture shows downside momentum with weak oscillator readings and a price structure that remains subordinate to all major moving averages, leaving little upside confirmation in the current bar's makeup.
Class A ▼ detected in pm_sb
Fri, Oct 2, 2026, 02:21 PM 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
- 31028.5
- Displacement
- 31022.75 → 31056.25
- FVG
- 31038.5 → 31041.5
- Killzone
- pm_sb
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITH@31076.75 → ITL@30994.75 → ITL@31008.5 → ITL@31054.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.