Prices continue to push lower, and although they have rallied some off of the lows, prices are still struggling to push higher. There is still a lot of mixed trading at times too, so expect that to continue. There is an overhead gap on the chart, and prices appear to be making an attempt to fill that gap, although they are struggling to get there and are turning lower again as I am typing this up. That gap target is up at 6664.00, so prices may continue to try and fill that gap as the day progresses.
For now, the bias is down to mixed, but that could change at any time, as the market is extremely oversold right now. Prices are trading far outside of the lower band of the Envelope on the daily chart, so a correction is overdue. That does not mean it will come right away though, as we have seen the market remain oversold or overbought for long periods of time in the past. Just be aware that a bounce is overdue and stick with the trend as long as it remains in play.

