MESM Forecast 04/20: Recover from gap down now meets supply zoneMicro E-mini S&P 500 Index Futures (Jun 2026)CME_MINI:MESM2026Zhuge1iangMESM analysis for Monday, April 20 MESM opened with a gap down around the 7100 area on Sunday night, but price has recovered and is now trading around 7133. The key question for today is whether bulls can keep pushing higher now that price is back inside a major resistance area. On the 4H chart, price is trading into a supply zone highlighted in green. This is an important reaction area, because price could either break through and continue higher, or reject and rotate back down. On the 1H chart, that same area lines up with an order block / cluster zone, which makes it even more important. On the 15M chart, the key breakout level for me is 7170. If price can close above that level, then I’ll be watching for continuation higher toward the previous all-time high and possibly 7200. If price fails in this zone instead, then the downside liquidity I’m watching is 7085. Key levels 7170 = breakout trigger 7200 = upside target 7085 = downside liquidity Green zone = 4H / 1H supply zone So for today, my plan is: Watch the reaction inside the supply zone If price closes above 7170, look for continuation higher If price rejects, watch for a pullback toward 7085 Not financial advice. No confirmation, no trade. MESM2026