The Nasdaq just posted its worst week since Liberation Day amid growing doubts over AI momentum. Capital rotated into bonds, with the US 10-year Treasury yield recording its biggest weekly decline since February, despite firm inflation data. Meanwhile, the ongoing earnings season looks set to test market sentiment. Mensur Pocinci, Head of Technical Analysis, explains why the medium- to long-term outlook for the technology sector is still positive, and what it would take for this to change.