MES1 Daily Technical Analysis

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MES1 Daily Technical AnalysisMicro E-mini S&P 500 Index FuturesCME_MINI:MES1!SinerjiPortfoyMES1- Micro S&P 500 Index Futures Daily Technical Analysis The 21-day moving average (7,530), which was broken to the downside three days ago, continues to act as resistance and maintain selling pressure. The MES1 index is currently testing the 7,468 support level. If this support is broken to the downside, the likelihood of increased selling pressure could rise significantly. Looking at the technical indicators, they continue to point downward and have not yet reached oversold territory, suggesting that the selling pressure may continue. Resistance: 7632 - 7648 Support: 7468 - 7390 - 7357 **This is not investment advice.**