Looks like bears are testing short term support, a break past this level and the bulls will have their last line of defense around 7850. Can either take profit there or hold and see how bulls respond
Right now if you want to be aggressive you can get a pullback to the 4hr 20 ema, or you can wait for a break of 7930
Right now if you want to be aggressive you can get a pullback to the 4hr 20 ema, or you can wait for a break of 7930