There are two channel that contain the price currently. A larger that the price is still within, and a potential .
However, I believe support will be found before the psychological supports (light blue) in place at 7.4 - 7.7k which are further reinforced by fibonacci supports.
Furthermore, the Kijun and Tenkan are also acting as support, and their horizontal motion indicates lessened .
The RVI again confirms the lessening .
Moreover, the is sitting at 37.2 which still indicates this uptrend is still strong, and the widened DIs help support this thesis.
For the reasons listed above, and the fact that the more important application that was submitted by CBOE should be published in some news over the next few days, I believe the price will find support at the 7.7k level before a possible extension back to the .786 extension point at 8.3k~