Micro E-mini S&P500 Futures (MES1!), H4 Potential For Bearish Momentum

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Sort: Bearish MomentumKey Ranges:Resistance: 1.0791Pivot: 1.0668Support: 1.0364Preferred Case:On the H4, with value transferring in a descending trendline on the RSI and value lately breaking the ascending pattern channel, now we have a bearish bias that value will drop type the pivot at 3834.00 consistent with the 50% fibonacci retracement to the first assist at 3641.25 on the swing low consistent with the 61.8% fibonacci projection.Various State of affairs:Alternatively, value could reverse off the pivot and rise to the first resistance at 3940.75 on the swing excessive consistent with the 61.8% fibonacci retracement and 61.8% fibonacci projection.Fundamentals:No main information

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