SITCo Friday Setup Watchlist | MES & MNQMicro E-mini S&P 500 Index FuturesCME_MINI:MES1!SITCo_SITCo Friday Setup Watchlist | MES & MNQ 📅 November 6, 2026 🔴 Thesis: Risk-Off / Failed Repair Thursday's broad selling and semiconductor breakdown changed the picture. Tomorrow's question: can buyers defend the lower shelves, or will broken support continue acting as resistance? 🟢 1️⃣ MES Support Defense 📍 7,310.75 Buyer defense or failed breakdown → push higher → successful retest. 🎯 Fresh overnight obstacles first; 7,481.25 is the next marked major reference. ❌ Acceptance below + rejected reclaim weakens this case. 🟢 2️⃣ MES Breakout & Retest 📍 7,481.25–7,516.75 Clear the FULL band → establish acceptance → defend the retest. 🎯 7,574.25, then 7,605.50 are major overhead references. ⚠️ Map nearer obstacles and available room first. ❌ Failed acceptance + lost retest = failed recovery. 🔴 3️⃣ MES Resistance Rejection 📍 7,481.25–7,516.75 Seller rejection → push lower → failed recovery retest. 🎯 Overnight support first; 7,310.75 is the major lower shelf. ❌ Acceptance above the tested level + defended reclaim challenges the short. 🧠 A resistance touch alone does not prove seller control. 🔴 4️⃣ MES Failed Support 📍 7,310.75 Lose the shelf → accept below → reject the reclaim. 🎯 Map the next nearby obstacle; 7,195.50 is a larger structural reference. ❌ Reclaim + defended retest weakens continuation. ⚠️ No chasing the first extended flush. 💻 MNQ Cross-Check 📍 26,783.75 / 26,800: lower range decision shelf. 🟢 Defense + successful retest supports a recovery attempt. 🔴 Acceptance below + rejected reclaim favors continuation. 📍 27,434.50: major overhead hurdle. 🔄 Refresh the overnight extremes before using them. 🔎 Confirmation That Matters 📊 ADD / VOLD: does participation improve or remain weak? 🧩 SOX / SMH: stabilization or another leadership failure? 🌡️ Front VX: relief or persistent hedging pressure? ⏰ Employment Situation: 6:30 AM Mountain. ⚪ Patience: repeated crossings, failed breaks, conflicting signals or insufficient room = stand aside. 🔄 Refresh the overnight map after the release and before the cash open. Level → behavior → approved setup → defined risk. No setup = no trade.