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Publication date: July 3, 2025
It is Thursday, July 3. The AEX is at 913 in the opening session. That is 5 points (0.5%) lower than last week's reading and exactly the same as two weeks ago.
What happened on the AEX in the past week?
The AEX opened at the weekly high of 921 only to sink to the low at 902 in the following days. The AEX recovered quickly and powerfully from the decline and is currently back around the levels the AEX has been showing for weeks. The AEX has been moving in a sideways pattern since mid-May and has not yet been able to pick a direction. This week was no exception.
What does this mean for sentiment on the AEX?
Underlying sentiment on the AEX is positive but also expectant.
What is the expectation on the AEX?
The expectation is unchanged, positive. In the most likely scenario of our algorithm, the AEX is going to rise to the price target 1,050. Because of the continued explicit risk of a short price fall, the stop loss is wide and is placed at 870. In the ride to the price target, we should expect some resistance around 935 and 950.
Above is the chart of the AEX from February 2025 with the sideways pattern since mid-May. The arrows indicate the most likely scenario for the coming months.
What happened on the Nasdaq this past week?
The Nasdaq futures are at 22,875 on Thursday morning, July 3, which is 340 points (1.5%) higher than last week. The Nasdaq futures broke through the 22,400 barrier last week and opened strong at 22,750 last Monday. The high was set at 22,935.
What is the outlook for Nasdaq futures?
Unchanged positive. In the most likely scenario, Nasdaq futures will rise another 3 to 4% to 23,700. This sprint will be followed by a correction to around 22,500 before continuing to rise to the new price target at 25,800. In the correction, a consideration to take a buy position arises.
Below is the chart of the Nasdaq futures from November 2024 with the most likely scenario.
What happened on the Dow Jones Industrial Average (DJIA) Index this past week?
The DJIA is currently trading at 44,830 points, which is 1,415 points (3.2%) higher than last week's reading.
The DJIA is performing strongly for the second week in a row. It nearly reached the first price target of 45,200 in the past week, with the high at 44,960.
What is the outlook for the Dow Jones Industrial Average Index?
Positive. From the current level, there is room for a correction of about 3% to 43,400 and then further up to the price target at 49,000. In the correction, a consideration for a buy position arises.
Below is the chart of DJIA futures from October 2024 with the most likely scenario plotted.
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In the agenda, we cover the most important topics through an explanation and vision. You can read the agenda for June 30 through July 4, 2025, here and from Friday afternoon, you can read the agenda for the week of July 7 through July 11, 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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