Either a rebound or a breakout imminent on CN50

Past performance is not an indicator of future results.
CN50 is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of CN50 to test 10862.5000 within the next 19 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.