MESM Forecast 04/10: Strong CPI reaction, but 6850 retestMicro E-mini S&P 500 Index Futures (Jun 2026)CME_MINI:MESM2026Zhuge1iangMESM analysis for Friday, April 10 MESM spiked higher after the March 2026 CPI release, which came out today at 8:30 a.m. ET. The Bureau of Labor Statistics reported headline CPI up 3.3% year over year for March. On the 4H chart, price is still trading inside an overhead supply area, so even though the move was strong, I still want to stay cautious. The main upside level I’m watching is 6900. If price can close above that on the 4H, then that would be stronger confirmation for the bulls. On the downside, 6850 is the key decision level for me. If price starts closing below 6850, then I’ll be watching for weakness and a move back down toward 6780. On the 15M chart, there is also an order block in the green highlighted zone below price, so I think a pullback into that area is possible before the next directional move. Key levels 6900 = bullish confirmation 6850 = key support / decision level 6780 = downside target Green zone = pullback reaction area As always, I’m waiting for confirmation before taking any setup. Not financial advice. No confirmation, no trade. MESM2026