Class A ▼ — MNQ1! 1m | Zero Mind Signals

A Class A bearish displacement formed after the sweep of PM HI (29624.75), with price now resting near the MSS level of 29598. The displacement spans 29653.5 to 29592.75, containing a fresh FVG (29625.25–29630.25) that sits in the upper portion of the move. Multiple iFVGs nested within the displacement at 29614.75–29615.5, 29620.75–29621.25, and 29625.5–29626.75 mark the internal structure of the descent. Price sits in London SB killzone. The swing structure shows ITH at 29689.75, compressed into ITL at 29633.5, then a double ITH sequence (29662, 29675), indicating trapped liquidity before the bearish class formed. The HTF filter reads bullish on the 60-minute timeframe while intraday (15/30) remains bearish, creating asymmetry. Students should observe how the fresh bearish FVG, now unmitigated, sits above the MSS level—this is a classic setup where price may revisit the iFVGs or probe lower into the displacement void. The multiple sweeps (asian/london/PM) suggest institutional preparation completed; the next move often respects the structural void created.

Price sits 110 points above VWAP while both the 20 and 50-period EMAs rest below the current level, creating a compressed vertical spacing typical of consolidation. The EMA stack lacks conviction, with the 200-period nearly aligned with the shorter timeframes, suggesting weak directional bias. RSI at 35.59 signals weak momentum in the lower half of the neutral zone, well removed from oversold territory. MACD presents a bearish structure: the line at −4.93 trades below the signal at −3.15, and the histogram remains negative at −1.78, indicating downside momentum. ATR at 13.88 points reflects typical volatility for this timeframe. Volume at 694 contracts sits 26% below the 20-bar average of 938, marking a notably light firing bar. The combination of price above VWAP, weak RSI, bearish MACD alignment, and subdued volume creates a setup where momentum is muted and conviction is absent across the technical landscape.

Class A ▼ detected in london_sb

ICT perspective

Traditional TA perspective

Setup context