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Publication date: November 27, 2025
It is Thursday, November 27. The AEX notes 939 in the morning session. That is 6 points (0.6%) lower than last week's reading.
What happened on the AEX in the past week?
Following last week's weak session, in which the AEX reached a low of 916, the index managed to recover this week. On Wednesday, the preliminary weekly high reached 943.
What does this mean for sentiment on the AEX?
The general sentiment on the AEX is uncertain due to growing concerns about the overvaluation of AI-related stocks and uncertainty surrounding US interest rate policy.
What is the outlook for the AEX?
In the most likely scenario, the current correction in the AEX will last longer. This correction may push the AEX further back to the 880s in the coming year after a recovery to around 950. Then the AEX will continue the major trend to a new top around 1,015.
Below 880, the longer-term positive scenario expires and the AEX enters a neutral zone with an increased risk of further decline. As long as 880 holds, the positive scenario remains in place.
Above is the chart of the AEX as of January 2025. The arrows indicate the most likely scenario for the coming months.
What happened on the Nasdaq this past week?
The Nasdaq futures are at 25,300 on Thursday morning, Nov. 27. That is 130 points (0.5%) higher than last week.
The Nasdaq futures are also recovering this week from the weak week that preceded it. The Nasdaq posted weekly lows at 23,900 before recovering 6% to 25,375.
What is the forecast for the Nasdaq futures?
Long-term positive with a price target of 27,800. In the most likely scenario, the Nasdaq will also experience a longer correction to eventually reach the zone around 22,300. From that level, the Nasdaq can continue upward toward the price target. With a close below 22,200, the positive scenario expires.
Below is the chart of the Nasdaq futures from January 2025 with the most likely scenario.
What happened on the Dow Jones Industrial Average (DJIA) Index this past week?
The DJIA is currently trading at 47,500 points, which is 1,030 points (2.2%) higher than last week's reading.
The DJIA also has moving times. After a weak week in which the DJIA was down 5.5%, we are seeing a strong recovery this week.
What is the outlook for the Dow Jones Industrial Average Index?
The long-term expectation is positive with a price target of 50,000. In the most likely scenario, the DJIA can continue the initiated correction in the short term and fall back to the zone around 43,300. After that, it can start moving toward the longer-term price target of 50,000. The scenario expires at a close below 43,200.
Below is the chart of DJIA futures from January 2025 with the most likely scenario plotted.
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In the Economic Calendar we cover the most important topics through an explanation and vision. Read the agenda for the week, November 24 through November 28, 2025, here and from Friday afternoon, you can read the agenda for the week, December 1 through December 5, 2025, here.
Disclaimer: Investing involves risk. 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. They are therefore for educational purposes only.
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