Wedge breakdown overnightS&P Index Cash CFD (USD)VANTAGE:SP500rsitradesLooks like the wedge is breaking down - that's very bearish. As I explain - when you have this much consolidation in a wedge, it can explode up or down. Right now it looks like it will explode down. The Vix is above 29 and Oil is firmly over 97. Any bounces will likely be sold into.