MES - Cypher Pattern key levels for a break down. Long

CME_MINI:MESM20231D

Micro E-mini S&P 500 Index Futures (Jun 2023)CME

Description

⋅ Apr 20, 2023 1:42 PM

The .786 level (4156.50) is where the reversal entry is for a Cypher Pattern, which has been hit several times over the past few days.

We are currently in a rising wedge pattern and about to break below it.