Class A ▼ — MNQ1! 30m | Zero Mind Signals

MNQ has formed a Class A ▼ after sweeping London session liquidity (both high at 29563.25 and low at 29286), triggering displacement into 29284–29717.25. The prior swing sequence shows ITH 29919.5 → ITL 29160 → ITL 29182 → ITH 29907.5, establishing a lower timeframe corrective structure. Post-sweep, price has traversed into the bear FVG (29512.5–29535) created during the displacement candles. A bullish iFVG sits at 29365.75–29420.75, nested within the displacement and now above the MSS level at 29409, which held as resistance during the recent bearish impulse. The setup presents in the cash killzone. PDL, DL, and all major session liquidity (Asian, London, PM structure) has been swept, leaving the market in an imbalanced state relative to the prior ITH. A student observing this structure should note that when all directional liquidity pools exhaust in a single sweep sequence, the subsequent displacement often honors both the FVG and the MSS as confluent resistance or reversal zones—especially when iFVG and MSS align within a tight band as they do here.

Price sits 168 points below VWAP with the full EMA stack aligned bearishly—20, 50, and 200 all positioned above the close—confirming downtrend structure. RSI at 40.20 reflects weak momentum without oversold extremes, leaving room for further compression. MACD line trades below signal at −11.70 versus 0.06, histogram deeply negative at −11.76, indicating sustained bearish momentum without reversal signals yet. Volume at 144,779 registers 29% above the 20-bar average, showing conviction behind the move lower. ATR at 145 points—moderately elevated for this timeframe—reflects the volatility environment. The combination of price beneath multiple moving averages, negative MACD histogram, and above-average volume suggests buyers remain absent, though RSI's position above 30 leaves the momentum picture incomplete rather than at panic extremes.

Class A ▼ detected in cash

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