Should we expect a bearish trend on CHN50?

Past performance is not an indicator of future results.
The breakout of CHN50 through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of CHN50 to test 15008.9438 within the next 17 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.