Weekend Market Situation on August 24:
The weekend market rose to around 117300 early yesterday morning, then fell back to around 114500 during the day, and later rose slightly to around 115500 before falling back.
From the daily K structure, the market touched the middle track and faced pressure, closing with a lower shadow bearish bar yesterday, with a decreasing volume on the upper end. The resistance to watch is around 116800, while the support below is around 112000. On the four-hour level, bullish volume is decreasing, with an upward curve. The support below is at 114300, and the secondary support is around 113500. On the hourly level, the volume is decreasing, with the upper resistance around 116000.
Weekend Daytime Operations:
For the market rebound, short positions around 115500-115800 are recommended, aiming for around 114500-114200.
