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

A Class ▼ displacement forms after NWOG CE sweep at 29309.75, with price now sitting within the 29078.75–29127 range. The downward structure presents a fresh ITL at 29093.75, established after the prior ITH at 29210 failed to extend. Multiple session lows have already been swept—PM, PDL, Asian, and London—creating a liquidity cascade that supports the ongoing bear bias across 1m, 15m, 30m, and 60m timeframes. An FVG sits between 29101.75 and 29107, nested inside the displacement itself and marked for truncation during London session pullback. The MSS level anchors at 29087.5, just below the current ITL. The setup resides in the PM session (Asia-to-London overlap), a traditional killzone for continuation. A student of the methodology observes that when multiple session lows cascade in the same direction without a reversal structure—PDH or local swing high—the next swing low typically forms below the prior one, often at an iFVG or unmitigated FVG. Here, the 29087.5 MSS presents as that potential next sweep target if price retraces into the displacement FVG first.

Price sits 347 points below VWAP with the full EMA stack aligned bearishly below current levels, confirming downtrend structure. RSI at 33.96 signals weak momentum and oversold conditions typical of deeper pullbacks. MACD shows the line marginally above its signal line with a small positive histogram, suggesting early stabilization of downside momentum rather than conviction reversal. ATR at 15.57 reflects moderate volatility for this instrument. Volume at 4286 contracts registers 37% above the 20-bar average, indicating elevated participation on the firing bar despite the bearish setup. The combination of weak RSI, early histogram recovery, and above-average volume on a bearish structure creates a setup where momentum compression is visible, though the price remains positioned below all key moving averages and well beneath VWAP, sustaining the broader downtrend context.

Class A ▼ detected in pm_sb

ICT perspective

Traditional TA perspective

Setup context