# SITCo | Approved Setup Thesis, October 9

> MES1 futures target 7,875.25 with bullish repair thesis.
- Title: SITCo | Approved Setup Thesis, October 9 · TradingView
- Summary: MES1 futures target 7,875.25 with bullish repair thesis. MES1 futures may reach 7,875.25 if buyers reclaim 7,843.50, 7,848.50 and defend the retest.
- Keywords: cme_mini, mes1, s&p 500, technical analysis, bullish thesis, bearish thesis, reclaim, overhead band, business, finance, SITCo, Approved
- Source: TradingView — https://tradingview.com/chart/MES1!/fRzU8g9l-SITCo-Approved-Setup-Thesis-October-9
- Published: 2026-10-09T04:23:58+00:00
- Read time: 1 min
- Topics: cme_mini, mes1, s&p 500, technical analysis, bullish thesis, bearish thesis, reclaim, overhead band, business, finance
## MES Setup Watch
Breadth improved and RSP reclaimed its HVN, but semiconductors remain weak.

> Breadth improved and RSP reclaimed its HVN, but semiconductors remain weak
## Bullish Thesis
Reclaim 7,843.50, 7,848.50, establish acceptance above it, then defend the retest.

> Reclaim 7,843.50, 7,848.50, establish acceptance above it, then defend the retest
## Bearish Thesis
Reject 7,843.50, 7,848.50, move lower, then fail the recovery attempt into resistance.

> Reject 7,843.50, 7,848.50, move lower, then fail the recovery attempt into resistance
## Next Levels
7,857.25, 7,858.25 → 7,873, 7,875.25 for bullish, 7,821.50, 7,825.75 for bearish.

> 7,857.25, 7,858.25 → 7,873, 7,875.25 for bullish, 7,821.50, 7,825.75 for bearish
## Key takeaway

MES1 futures may reach 7,875.25 if buyers reclaim 7,843.50, 7,848.50 and defend the retest.