We are currently at the mid of the downwards channel. If this does not break upwards, then a drop from here is likely.
The next level to watch would be the 200 EMA which is not far above the current price.
Volume profiles indicate a lot of transactions between 6900 and 10500. We have a low point in the volume profiles at around 9000+. If price breaks this and closes above it, we wil also have broken the channel top too which is a good indicator of much higher highs to come.
Keep in mind that we are still under a death cross on the daily. I would short when the stoch is overbought during a death cross
Trading Masters