Publication date: March 19, 2026

AEX

The AEX was quoted at 982 points on Thursday morning, March 19.That is down 17 points, or 1.7 percent from last week.

What happened on the AEX?

The AEX opened positive Monday morning at 1,005 points. In the following days, the AEX managed to continue rising to 1,017 points. Wednesday afternoon it was announced that producer prices in the U.S. rose harder than expected even before the outbreak of war in the Middle East. Wednesday evening, the Fed came out with the expectation that inflation in the US will start to rise, greatly reducing the likelihood of interest rate cuts this year.Equity markets reacted negatively, causing the AEX to set its provisional weekly low this morning at 980.

Sentiment

Market sentiment around the AEX is negative for the short term.

Forecast

The rise was indeed a relief rally and was followed by a further decline in the AEX. The expectation of our algorithm remains a continuation of the correction. In it, the AEX may drop to 940 with a possible runout to 920.

The long-term price target remains unchanged. The zone between 940 and 920 points can serve as a basis for a new upward move, towards the unchanged price target of 1,070 points for the next twelve months.

A closing below 910 points would invalidate this positive long-term scenario with a price target of 1,070. In that case, the technical picture shifts to a more neutral to negative phase with increased downside risk. As long as the 910 point level holds, the positive long-term picture remains intact.

Above is the chart of the AEX as of June 2025. The arrows illustrate the most likely scenario for the coming months.

Nasdaq futures

The Nasdaq futures note 24,560 points Thursday morning, March 19. That's down 290 points, or 1.15 percent from last week.

What happened?

The Nasdaq futures opened weak Monday morning but managed to rise through to 25,200 on Wednesday. Because of inflation data and Fed statements on Wednesday, Nasdaq futures also had to slump. The preliminary weekly low was set Monday morning at 24,278.

Forecast

In the short term, the market is expected to continue to move volatile in which a test of the zone around 23,500 points is plausible.From that level, the Nasdaq futures may show an interim recovery towards around 25,000 points.

From that level, we consider a larger corrective move towards the zone around 22,600 points likely.After that, in the most likely scenario, the Nasdaq futures can resume the long-term trend and continue to rise towards the unchanged price target of 28,500 points.

The chart below shows the Nasdaq futures as of July 2025 showing the most likely scenario for the coming period.

Dow Jones Industrial Average

The Dow Jones Industrial Average is currently trading at 46,420 points.That is down 750 points, or 1.6 percent from last week.

What happened.

The index started the week at 46,400 and then managed to rise through to 47,450 points.On Wednesday, it dropped to its preliminary weekly low of 46,070.

Forecast

Within the most likely scenario, the index could fall to the level of 45,500 in the short term and then recover towards around 48,100 points.

For the medium term, the system then foresees a larger corrective move towards around 43,200 points.

The level of 43,200 points is expected to mark the end of the larger correction and thus provide the basis for another upward phase towards the next price target of around 53,700 points.

The chart below shows DJIA futures from July 2025 showing the most likely scenario.

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Disclaimer: Investing brings risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. Therefore, they are for educational purposes only.