ICT gives a ~15-minute live review of the Micro Nasdaq (MNQ) price action, noting they may not stream tomorrow. He says viewers should also watch his earlier live stream because it explained the moves in real time.

Key technical points: a large regular-trading-hours opening-range gap formed after geopolitical headlines, price rallied into the midpoint of a daily “suspension block,” then fell to the block’s low (his target) and spent time trading in the lower half of that block.

He highlights a “fair value gap” (a buy-side inefficiency) and a recurring signature he uses: whether candlestick bodies — not just wicks — can touch key levels. Because the bodies failed to trade into the upper half of the suspension block (and could not touch certain levels), he interprets the structure as bearish and expects further downside unless price clears those levels at the next open.

He warns that off-hours geopolitical developments could change the picture at the 6:00 open, so be prepared. Practical advice: use less leverage, avoid overtrading, require stronger confluence before committing, be nimble and satisfied with partial runs. He closes noting family commitments and that he’ll post if he streams later.

Quiz

1. According to ICT, what is the key sign of bearishness when price retraces into a premium level?
A. The wicks must touch the level
B. The bodies cannot touch the level
C. Price must close above the level
D. Volume must increase

2. What did ICT say happens after price fails to get back up into the upper part of the daily suspension block?
A. It becomes bullish
B. It usually trades to consequent encroachment
C. It immediately reverses to all-time highs
D. It stops trading for the day

Answer Key:

1. B Evidence:“…if the bodies of the candlesticks can’t touch them… if the bodies can’t touch this key level while potentially being bearish… that’s bearish.”
2. B Evidence: “When it fails to get there, is that bullish or bearish? It’s bearish… I would look for that to eventually still try to work its way down to consequent encroachment right here