8.1 Midnight Big Pie Aunt Market Analysis
July has come to an end, and regardless of good or bad, it has become the past. In this chaotic world, life has many twists and turns; it’s better to watch the moon and enjoy the breeze, peacefully navigating the mundane days. What is meant to come will naturally arrive.
Evening market review: the market dropped near 118700 to 117800, and has now rebounded to around 118400; the shipping market fell near 3865 to 3760, then rebounded to around 3790.
The daily candlestick shows a bullish bar with an upper shadow, with support noted at 116700 below. On the four-hour level, bullish momentum increases but shows a second-line bearish descending pattern; on the hourly level, bearish volume decreases while closing bullish, indicating an interesting struggle between bulls and bears.
The big pie can be traded around: 119100 - 119600, target: 117300 - 116800.
Aunt can be traded around: 3835 - 3855, target: 3735 - 3700.
