Turbulent Week as Price Action Suggested
@SmartReversals:
U.S. stock markets wrapped up a turbulent week with major indices finishing lower. The $NASDAQ(.IXIC)$ took the biggest hit, recording its worst weekly performance since April as investors grappled with concerns about stretched valuations and a possible AI sector bubble. The market’s unease showed up in the Fear & Greed Index, which settled at 21, squarely in “Extreme Fear” territory.Friday’s trading captured the week’s choppy character. Stocks tumbled early in the session before clawing back from their monthly levels to finish mixed. The Dow managed to bounce from the weekly support $46,566 (modeled last week ahead of the recent price action), $S&P 500(.SPX)$ bounced from $6,620, (another monthl