Down 9% this week, are CBA shares entering ‘a major correction cycle’?

Commonwealth Bank of Australia (ASX: CBA) shares just closed out a week to forget.

On Friday, shares in the S&P/ASX 200 Index (ASX: XJO) bank stock closed the day trading for $159.40. That saw shares in Australia’s biggest bank down a painful 9.39% over the week.

This week’s sell-down also put…