.svg)
.svg)
.svg)
.svg){kind=icon}
.svg)
.svg){kind=icon}
.svg)
.svg){kind=icon}
.svg)
.svg){kind=icon}
.svg){kind=icon}
.svg){kind=icon}
Publication date: April 17, 2025
It is Thursday, April 17, and the AEX is at 850 in the opening session, down 8 points (0.9%) from last week's reading.
What happened on the AEX in the past week?
After last week's price violence, in which we also briefly saw 810 on Friday on the AEX, this week was relatively quiet. On Monday, the AEX opened higher at 837 and set a weekly high at 857 on Tuesday. Wednesday night briefly back to 840, but back around 850 on this Thursday morning. You can see that the results are calmer than in the previous week, but the volatility is still higher than usual. The volatility gauge is at 30. Indicatively, it comes from the 60 but normally hovers around 20.
What does this mean for sentiment on the AEX?
Sentiment on the AEX is uncertain. Currently, there is some calm after the tumultuous period, but people fear silence before the storm because of the uncertainty surrounding the trade war.
What is the outlook for the AEX?
The most likely scenario indicates that a messy recovery will continue in the coming weeks. We should expect a choppy and risky course in the 800-860 zone. This is a wide range, but that is because of the still large turnouts. However, the major correction is not over yet. The algorithm expects a new definitive low at around 740 after the messy recovery. Then the big uptrend will be resumed, and we could be on to new highs above 950 again.
Above is the chart of the AEX from the beginning of this year. The arrows indicate the most likely scenario for the coming months.
What happened on the Nasdaq this past week?
The Nasdaq futures are currently at 18,600, which is 535 points (2.8%) lower than last week's reading.
The Nasdaq futures experienced a recovery at the end of last week but are starting to show weakness again. The high is set at 19,250, and the low for now is 18,115.
What is the expectation for the Nasdaq's future?
We expect a risky and hectic recovery phase with big lows between 16,800 and 19,500. Furthermore, the Nasdaq completes the major correction around the 15,900 level. After that, the uptrend will continue towards the price target of 24,000.
Below is the chart of the Nasdaq futures over the past 7 months with the most likely scenario.
What happened on the Dow Jones Industrial Average (DJIA) Index this past week?
The DJIA is currently trading at 40,200 points, which is 615 points (1.5%) lower than last week's reading.
The DJIA was already recovering from the price bump on Monday in the middle of last week. This week, the pattern of the DJIA also shows weakness. The high was set at 41,000 before falling back to 39,500 on Wednesday night.
What is the outlook for the Dow Jones Industrial Average Index?
As with the Nasdaq futures, in the most likely scenario, the algorithm expects the DJIA to enter a messy period with large turnouts within the wide range of 36,000 and 41,000. The major correction will be completed at the 34,000 level. After that, the uptrend will continue with a price target of 48,000. The expectation is thus unchanged.
Below is the chart of DJIA futures from October 2024 with the most likely scenario plotted.
Every Sunday morning, we publish the agenda for the coming week. Would you like to receive the agenda by mail? Sign up here.
In the Economic calendar, we cover the most important topics through an explanation and vision. Read the agenda for the week from April 14 to 18, 2025, here, and from Sunday morning, you can read the agenda for the week from April 21 to 25, 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.
.webp)
.webp)
.webp)
