Class A ▼ — MNQ1! 60m | Zero Mind Signals

A Class A bearish displacement formed after successive sweeps through PM, Asian, and London session lows (31467.5 → 31430 → 31401.25), with the displacement spanning 31281–31616.5. The prior swing sequence established an ITH at 31282.75 (PWH), followed by a lower ITH at 30998.5, confirming directional bias lower. The most recent FVG (31368.5–31406) sits centrally within the displacement and remains unfilled as price trades below it in off-hours. Multiple iFVGs and bear FVGs have stacked above current levels, particularly the 31546–31562.75 bear FVG from the earlier rejection phase. The MSS at 31308.75 anchors the structure; price has pressed below it, suggesting continuation momentum. A student observing this setup should note how liquidity sweeps (PDH, Asian Hi/Lo, London Hi/Lo, PM Hi/Lo) progressively lower the operational target, compressing the OTE window—each sweep removes potential reversal zones and narrows the field for mean reversion.

Price sits 139 points below VWAP with the EMA 20 and 50 both elevated above the current close, while the EMA 200 anchors support structure below. The stack arrangement is fragmented—neither clearly bullish nor bearish in vertical alignment. RSI at 30.6 signals oversold conditions, approaching fresh-session lows in momentum. MACD remains deeply negative with the line trading 28.9 points below its signal line and histogram firmly in red territory, indicating weak momentum conviction and absence of bullish crossover setup. ATR near 58 points reflects elevated volatility relative to recent averages, characteristic of directional expansion phases. Volume at the bar registers 0.75× the 20-bar mean—notably light—suggesting limited conviction behind the current price action. The combination of oversold RSI, persistent negative MACD histogram, and below-average participation creates a technical environment where momentum is contracted and participation is thin, though the distance of price from the higher EMA bands does reflect some separation from intermediate trend structure.

Class A ▼ detected in off_hours

ICT perspective

Traditional TA perspective

Setup context