MESU July 6: Triangle compression, pullback to 7480?Micro E-mini S&P 500 Index Futures (Sep 2026)CME_MINI:MESU2026Zhuge1iangMESU analysis for Monday, July 6 MESU is still trading near the upper resistance area and under the trendline from last week. From the higher-time-frame view, price still looks trapped inside a triangle compression, so for me today favors a pullback-first scenario rather than an easy breakout. On the 4H chart, the main downside level I’m watching is 7480. That is the first area where I expect buyers may try to step in again if price starts rotating lower. On the 1H chart, the key trigger level for me is 7537. If we get a 1H close below 7537, then I think continuation lower toward 7480 becomes more likely. On the 15M chart, the key short-term reclaim level is 7573. If bulls can get a 15M close above 7573, then I would need to shift the short-term tone from bearish to more neutral. Key levels 7573 = short-term reclaim level 7537 = 1H downside trigger 7480 = downside target Trendline = overhead resistance Triangle compression = still in play Plan for today Respect the resistance overhead Lean toward a pullback first Watch 7537 for downside continuation Watch 7480 as the first downside target Reassess short-term tone if bulls reclaim 7573 Not financial advice. No confirmation, no trade. MESU2026