Prices opened lower during the overnight session leaving an overhead gap on the chart this morning at the 8:30 AM CST regular session opening. Prices appear to be working higher in an attempt to fill that gap and are close, but not yet there. The target to fill the gap is at 7164.25.
We will have to wait and see what prices do after that if they can fill the gap. This market is very overbought, but also very bullish at the moment, so anything is still possible. Stay with the trend and trade what you see without putting too much of our own thoughts into it and you will be in a better position to profit. For now, the trend and bias are very mildly up to sideways.
