Should we expect a bullish trend on CHN50?

Past performance is not an indicator of future results.
The breakout of CHN50 through the 13182.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of CHN50 to test 13331.7500 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.