It has been a wacky week for the markets with some major momentum names getting hit on earnings but macro news has kept the pattern of higher highs and higher lows intact in the $SPY The Russell 2000 $IWM was looking quite troublesome but movded back up through the 78.00 level with conviction. The video below takes a look at these trends and the $QQQ $SMH $XLF and some individual stocks.