Overbought studies and negative divergence on the Tension Indicator (not shown) are adding pressure to sentiment, with any initial tests of the 7500/11 barrier to prove difficult to sustain.
Risk/reward is for a short-term corrective pullback, but improving background studies should limit downside tests.
Support is at congestion around 7350 and extends to the 7263.62 low of 9 March. Any deeper reactions need to stabilise above the 7192.94 low of 24 February to keep sentiment intact.
A close beneath here, if seen, would add extra pressure to price action and open up critical support at the 7093.57 low of February.