Publication date: August 28, 2025
It is Thursday, August 28. The AEX is at 907 in the morning session. That is exactly the same as last week's reading.
What happened on the AEX in the past week?
As indicated in last week's forecast, the AEX experienced a modest correction in the past week, testing the 903 level. With a weekly high at 913 and the low at 903, the trend within the big picture is sideways.
What does this mean for sentiment on the AEX?
Underlying sentiment on the AEX is positive.
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What is the expectation on the AEX?
The longer-term expectation is unchanged positive. In the most likely scenario of our algorithm, the AEX is going to rise to the price target 1,050.
In the short term, the most likely scenario is that the AEX is going to make the next move up and test the 945-950 zone. For now, the stoploss for the buy position remains at a closing price below 870.
Above is the chart of the AEX as of March 2025. The arrows indicate the most likely scenario for the next few months.
What happened on the Nasdaq this past week?
The Nasdaq futures are at 23,640 on Thursday morning, August 28 that is 300 points (1.3%) higher than last week.
The Nasdaq futures have been trading around the 23,500 level all week, showing a sideways pattern.
What is the expectation for the Nasdaq futures?
Longer-term unchanged positive with price target 26,300.The short-term correction from 24,000 may persist for a while and may lead to a price in the 23,000 - 22,800 zone before continuing to rise to the price target at 26,300.
Below is the chart of the Nasdaq futures from February 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 45,750 points, which is 800 points (1.8%) higher than last week's reading.
The DJIA passed through the 45,300 mark in the past week and is holding up well. The week's high is 45,800.
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What is the outlook for the Dow Jones Industrial Average Index?
For the longer term, the outlook is positive. For the short term, the DJIA may start a sideways move around the 45,500 level. The expectation in the most likely scenario is that the DJIA will finish the positive trend towards the price target 49,000.
We have taken a buy position today with a stoploss at 41,800 and a price target of 49,000.
Below is the chart of DJIA futures from early 2025 with the most likely scenario plotted.
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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.