← All signalsNQ forms a Class A bear displacement after sweeping PM LO at 31317.5, with price now positioned below the MSS level (31217.25). The prior swing sequence shows an ITL at 31317.5 followed by a failed ITH attempt, establishing directional bias into the London open killzone. A bear FVG sits between 31234.25–31240.5, created during the most recent displacement and currently unfilled below price action. An iFVG (31247.25–31248) formed earlier and has already been swept through, illustrating the layered structure of liquidity within this move. The 5M timeframe sits nested within a 60-minute bear bias, and all major session liquidity—PDH, PDL, Asian highs/lows, London highs/lows, PM highs/lows—has been swept, compressing the available pool. The PWH at 31282.5 remains untagged above, while the displacement bottom (31215.25) sits just below current price. Traders observing this setup should note how FVG mitigation during a sweep often precedes directional continuation; the unfilled bear FVG below becomes a reference point for potential delivery or reversal structure if price retraces into it. Price sits 135 points below VWAP with the EMA stack arranged bearishly—20, 50, and 200 all positioned above the close in descending order—confirming downtrend structure. RSI at 33.72 signals weak momentum, remaining in oversold territory without conviction recovery. MACD shows the line trading below its signal at –14.04 versus –13.64, with histogram still negative at –0.40, indicating bearish momentum has not yet reversed. Volume at 789 contracts represents average conviction relative to the 20-bar mean of 694, offering no divergence signal. ATR of 24.75 points reflects typical volatility for this timeframe, suggesting the downside move remains within expected range parameters. The composite picture reflects a trend structure intact with momentum lagging below zero-line territory and price continuing to respect the downside bias established by the EMA alignment.
Class A ▼ detected in london_open
Thu, Oct 8, 2026, 04:55 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
- 31217.25
- Displacement
- 31215.25 → 31294
- FVG
- 31234.25 → 31240.5
- Killzone
- london_open
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh
Swing sequence
ITL@31372.25 → ITH@31466 → ITH@31411.25 → ITL@31317.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.