The morning market continues the downward trend from midnight, with the shipping index dipping to around 114200 and rebounding near 3615. Currently, the daily K-line shows an increase in the index with a lower shadow bullish candle, while the four-hour level shows an increase in the index leaving a lower shadow bullish candle. The hourly level shows a decrease in volume and a rebound upward. Short-term pressures are oscillating above.

August 1st afternoon market:

Look for a pullback around 115500-115000, aiming for 116500-117000.

Look for a pullback around 3690-3660, aiming for 3750-37750.

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