.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: March 6, 2025
Thursday, March 6, and the AEX is at 918 in the opening session. That is down 8 points (0.85%) from last week's reading.
What happened on the AEX in the past week?
The AEX opened the week at 925. As in the previous week, the high was set at 933 on Monday before continuing the decline. The current low was set at 909 on Wednesday. Currently, the AEX is recovering. Volatility in the markets is increasing.
What does this mean for sentiment on the AEX?
Sentiment on the AEX is positive for the longer term but there is more room for an intermediate correction leading to 896 in the short term, with a possible extension to 870.
What is the expectation on the AEX?
The AEX has started to correct from the 945 to the 920-900 zone as expected. The course of the past week gives room for a deeper correction into the 896-870 zone. From that zone, the AEX is expected to pick up the larger uptrend and round out to our price target at 980.
The chart shows the AEX over the past 5 months. The arrows indicate our already expected trend and the most likely scenario for the coming months.
What happened on the Nasdaq this past week?
The Nasdaq futures are currently at 20,570, that is 750 points (3.5%) lower than last week's reading. The Nasdaq futures opened the trading week at 21,005 points, rebounded the same day to the weekly high of 21,120. Then, as expected, the Nasdaq futures left the neutral zone on the downside and set weekly lows at 20,075. Markets are volatile and the Nasdaq rebounded strongly on Wednesday.
What is the outlook for the Nasdaq future?
The Nasdaq has finally left the 22,400-20,900 zone after months. This means that the correction can continue to develop to the level of around 18,750 points. The expectation for the long term is that the upward trend is not yet complete and that another solid price movement upward is in store after the correction. Given the large price moves, our model does not yet give a definitive long-term price target but we should expect the Nasdaq to test at least the 22,400 point limit from the 18,750 level. The position is neutral and we are waiting for a safe entry point.
Below is the chart of the Nasdaq futures over the past 8 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 42,860 points, which is 740 points (1.7%) lower than last week's reading.
The DJIA opened the week at 43,895 and set a weekly high at 44,115 the same day. Then the DJIA continued the correction with the lowest weekly reading at 42,420. Currently, the DJIA is recovering slightly.
What is the expectation for the Dow Jones Industrial Average Index?
The DJIA is moving exactly according to our expectation so there is no change in the outlook for the future. The longer-term expectation is positive but the DJIA is also subject to an interim correction to the 41,750 levels and further to the 39,900 level. Importantly, the level around the 40,000 points is a prelude to another buying opportunity.
The view and position is currently neutral and we need to wait and see.
Below is the chart of the DJIA futures over the past 8 months with the most likely scenario plotted.
Every Sunday morning we publish the stock market agenda for the coming week. Would you like to receive the agenda by mail? Sign up here. In the fair agenda, we cover the most important topics through an explanation and vision. Read the agenda for the week from March 3 to 7, 2025, here, and from Sunday morning, you can read the agenda for the week from March 10 to 14, 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)
