CN50 has broken through support

Past performance is not an indicator of future results.
CN50 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 4 days. This breakout indicates a potential move to 12643.6760 within the next 15 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.