7.19 Morning Silk Road
The early morning shipping situation fluctuated from 118000 back to around 116700, then oscillated in the range of 117800, with the Bollinger Bands tightening and the three lines approaching each other. The shipping situation over the weekend showed relatively small fluctuations, suggesting a strategy of selling high and buying low.
The big pancake is expected to fluctuate around 118500-119200, looking towards 117500-116700.
The second pancake is expected to fluctuate around 3570-3600, looking towards 3510-3480.
