The erratic recovery from 7378 (June 15 low) signals the sell-off from the high of 7599 has run out of steam, although the bulls would still want to see a break above 7530 (falling trend line) before betting on fresh record highs.
On the downside, only a daily close below 7449 would revive the bearish view.
On the downside, only a daily close below 7449 would revive the bearish view.