MESM May 13: Double top formed, 7364 below if support fails

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MESM May 13: Double top formed, 7364 below if support failsMicro E-mini S&P 500 Index Futures (Jun 2026)CME_MINI:MESM2026Zhuge1iangMESM analysis for Wednesday, May 13 MESM formed a double top overnight near the previous high around 7454, so I want to stay careful here. On the 4H chart, the key support level for me is 7420. If I want to stay bullish today, then I do not want to see a 4H candle close below 7420. If that level fails, then I think price could continue lower toward 7364, which is yesterday’s low. On the 1H chart, there is a cluster zone / order block inside the green highlighted area. That is the first reaction zone I’m watching. If price starts closing below 7400 on the 1-hour, then I think the chances increase for continuation lower toward 7364. On the 15M chart, the structure stays aligned with the 1H view, so I’m watching the green zone closely because price may show the next setup from inside that area. Key levels 7454 = previous high / double top 7420 = key 4H support 7400 = key 1H support 7364 = downside target Green zone = 1H order block / reaction area So for today, my plan is: Watch the green zone for the first reaction Stay constructive only while price holds 7420 If price loses 7420 or 7400, watch for continuation lower into 7364 Not financial advice. No confirmation, no trade. MESM2026