MESU July 1: Pullback first, 7567 above and 7409 belowMicro E-mini S&P 500 Index Futures (Sep 2026)CME_MINI:MESU2026Zhuge1iangMESU analysis for Wednesday, July 1 MESU is still trading inside the order block zone from yesterday, and for me today looks like a pullback-first kind of session before the market decides whether to continue higher or rotate lower. On the 4H chart, the first upside liquidity level I’m watching is 7567. If bulls can stay strong enough, that is the first level I want to see price test. For the bigger picture, if we eventually get a 4H close above 7600, then I think the tone may need to shift from bearish to bullish. On the downside, the first level I’m watching is 7490. That is the first pullback target for me if price starts retracing from the current area. On the 1H chart, the structure still supports the same levels. 7490 remains the first downside level, and 7567 remains the first upside target. The key warning level for me is 7409. If we get a 1H close below 7409, then I think the market could continue lower toward 7355. On the 15M chart, I’m watching the lower green highlighted order block zone as the main reaction area. If price taps that area, I want to see whether we get a buy setup or a sell setup from there. Key levels 7567 = upside liquidity 7490 = first downside target 7409 = hourly warning level 7355 = deeper downside target 7600 = higher-time-frame breakout level Plan for today Expect possible pullback first Watch 7490 on the downside Watch 7567 on the upside Reassess if bulls reclaim 7600 Be careful if price loses 7409, because 7355 may come into play next Not financial advice. No confirmation, no trade. MESU2026