It now needs to stay above the upper trendline as well as the middle . It probably will in my humble opinion. However, if it breaks down below the upper trendline and the middle , the bulls will have a problem going further upwards.
If the upper trendline and the middle can serve as support, then the next target will be around 7145.5 hopefully.
I will come back after these two possible scenarios have played out. that is: The Bulls versus The Bears. I sold my short position and went long today.
Please, use at your own risk.