MESU June 16: Watch 7606 pullback, then 7650 and 7695

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MESU June 16: Watch 7606 pullback, then 7650 and 7695Micro E-mini S&P 500 Index Futures (Sep 2026)CME_MINI:MESU2026Zhuge1iangMESU analysis for Tuesday, June 16 We’ve now rolled from the M contract into the U contract, so today’s focus is on MESU. MESU has been consolidating overnight around 7630, and I still lean bullish for today as long as the key support structure holds. On the 4H chart, the main support level for me is 7582. If bulls want to stay in control, then I do not want to see price lose that level. Just above it, I can also see a fair value gap around 7600, which may act as support on a pullback. The first upside target I’m watching is the yesterday high at 7650. If bulls can push through that level, then the next target for me is the all-time high around 7695. On the 1H chart, 7606 stands out as the key near-term pullback level. If price retraces first, I want to see how it reacts there. On the 15M chart, the fair value gap and order block align in the green zone, so that is the main setup area I’m watching for confirmation. Key levels 7606 = near-term pullback level 7582 = must-hold support 7650 = first upside target 7695 = all-time high / second target Green zone = FVG + order block reaction area Plan for today Stay constructive while price holds support Watch for pullback into 7606 / green zone If buyers confirm there, watch 7650 first If bulls stay strong, watch 7695 next Reassess if price loses 7582 Not financial advice. No confirmation, no trade. If you want, I can also make these more shorter and punchier for faster posting, or keep them in this style by default. MESU2026