Saturday daytime market (July 19):

The midnight market continued from last night's peak, dropping to around 116700 after reaching approximately 118000, then rebounding to around 118100, fluctuating.

The shipping market continued from midnight to around 2625, dropping to about 3476 before rebounding to around 3578, and then maintaining a fluctuation range of 3575-3505.

From the daily K-line perspective, the shipping market has seen reduced volume, and the 4-hour level shows a reduction in volume at the peak with a rebound leading to two consecutive bullish candles. The upper level to watch is around 118500, with a second level around 119800. At the hourly level, bullish momentum is gradually forming, crossing above, with upper resistance around 118900.

Saturday daytime:

Maintain short-term positions at the upper range of around 118500-119000, while the lower range can be around 118000-117500. In terms of operations, take the short position first and then the long.

Short-term positions maintain around 3550-3520, aiming for around 3600-3620; otherwise, consider taking a short position.