SITCo Maps Thursday MES Trades Around 7,622 Breakout

Micro E-mini S&P 500 futures cleared 7,622 on Wednesday, and SITCo's Thursday MES watchlist, dated November 12, 2026, is built entirely around whether that breakout holds.

The tradingview author, writing under the handle SITCo_, frames the session as "a retest of that breakout, plus one continuation setup in each direction if the overnight session already reaches the first objective." The author also states plainly: "Not trading Advice - just personal observations."

What are the long setups?

LONG 1 — Defend 7,622. MES accepts above 7,622, then holds that level on a pullback and forms a higher low. Target: 7,654.50. Invalidation: price breaks the retest low and falls back into the decision zone.

LONG 2 — Extend above 7,654.50. If the first upside objective is already reached, the setup waits for acceptance above 7,654.50 and a fresh pullback that holds it as support. Target: 7,680.25. Invalidation: price breaks the retest low and accepts back below 7,654.50.

Both longs share the same logic: acceptance first, retest second, extension third. No retest, no trade.

What are the short setups?

SHORT 1 — Failed recovery through 7,600. MES rejects the 7,619.25–7,622 zone, accepts below 7,600, then fails to reclaim it on a bounce. Target: 7,570.50. Invalidation: price reclaims 7,600 and holds above the failed-retest high.

SHORT 2 — Extend below 7,570.50. If the first downside objective is already reached, the setup waits for acceptance below 7,570.50 and a fresh bounce that fails there from underneath. Target: 7,537. Invalidation: price reclaims 7,570.50 and holds above the failed-retest high.

The short side is the mirror image of the long plan — rejection at the breakout zone, acceptance lower, failed reclaim, extension.

When should traders stand aside?

Three conditions put the watchlist on hold, per SITCo_:

• Repeated crosses of 7,622
• Failed breaks
• Too little room to the next level

The overnight rule tightens this further: if the first objective prints before the open, that leg is complete. The next setup needs fresh acceptance and a retest with room to its objective.

How does the open change things?

If MES opens already near 7,680.25 or 7,537, the corresponding extension has run its course, SITCo_ writes. If it opens between a trigger and its objective, the check is remaining room measured against the structural stop.

Two more caveats from the note:

• Repeated crosses of 7,622 or a gap through both setups on one side put that side on standby until a fresh structure forms.
• MNQ, semiconductors and the ADD/VOLD breadth indicators "can support or challenge the read."

Execution, the author adds, still belongs to "your approved price-action trigger and premarket Risk check."

The takeaway in plain words: Wednesday's close above 7,622 is the pivot for everything on Thursday. Hold it, and 7,654.50 then 7,680.25 come into play; lose 7,600 after rejecting the zone, and the path flips toward 7,570.50 and 7,537.