The market is currently ranging, particularly the NQ futures, bouncing off key levels with a tendency to revert to the mean after breakouts or breakdowns. Several major indices and ETFs, including ES and SPY, are showing bearish patterns like rising wedges on weekly timeframes, suggesting a potential for significant downside correction. Semiconductor ETFs (SMH, SOXX) and NVDA are exhibiting similar bearish patterns with potential for further drops. Apple is struggling to pump into its earnings, which is unusual, suggesting potential downside or at best a retest of prior resistance before a drop. Tesla is also showing a rising wedge pattern on the weekly timeframe, indicating a potential short-term top before a breakdown. Conversely, Meta Platforms is forming a double bottom on the daily chart, and if it breaks above its 200-day moving average, it could fill a gap to 750, despite concerns about its Metaverse spending. The VIX is at support, implying a potential market increase in volatility (downside for equities) but the speaker is not fully convinced of major upside in the VIX just yet, perhaps expecting a gap fill before further movement. Overall, the speaker anticipates a volatile week driven by significant tech earnings, with a leaning towards bearish outcomes for most tech stocks and indices.