Evening Silk Road on July 18
The midday shipping information reached 120800, with the return to 118400, followed by fluctuations near 118800. From the four-hour trend, the strength of the upward momentum has weakened after increasing, with shipping information closing bearish. ↑ Pay attention to the resistance level around 120300, ↓ first look for short-term support near 118000, and then further down, focus on the support level around 116300. Looking at the hourly level, the upward momentum also closed bearish after strengthening. The short-term resistance above is around 119500, with further resistance near 120800.
For the first contract, the upward momentum is around 119300-120000, looking towards 118000-117200, and if broken, looking towards 116500.
For the second contract, the upward momentum is around 3630-3660, looking towards 3580-3540, and if broken, looking towards 3480.
