Equities Continue Their Move Up and to the Right Across Nearly All Major Indices.
After a tough start to the year, Q2 brought spring flowers that have continued to bloom with another strong closing in Q3, 2025 . In the United States, the blue-chip Dow Jones Industrial Average (+5.22%), along with the S&P 500 Index (+7.79%), the NASDAQ 100 Index (+8.82%), the NASDAQ Composite Index (+11.24%), and the Russell 2000 Index (+12.02%) all closed the quarter notably up .
Looking across the pond, the picture looks fairly similar. The benchmark STOXX Europe 600 Index finished Q3 up (+3.11%) - it's third straight positive close on a quarterly basis. Drilling down, the UK's FTSE 100 Index (+6.73%), France's CAC-40 Index (+3.00%), and Italy's MIB Index (+7.37%) all finished the quarter in positive territory, while Germany's DAX Performance Index (-0.12%) was the outlier with an ever-so-slightly negative close thanks to both August and September closing finishing in the red.
In Asia, the major indices showed similar strength as the US and European markets. The Japanese NIKKEI Index (+10.98%), South Korea's KOSPI Index (+14.33%), Hong Kong's Hang Seng Index (+11.56%) and China's CSI 300 Index (+17.90%) all finished Q3 with double-digital increases.
To round things out, Canada's TSX Composite Index (+11.79%), Australia's ASX 200 Index (+3.59%) and Brazil's Ibovespa Index (+5.32%) followed the rest of the world with positive closes.
Now, let's take a look at some price charts. In this post we'll focus on Monthly perspective, but it's good to study performance across multiple time levels (Daily, Weekly, Monthly, etc). Within the Socrates Platform, pay attention to the Energy Model (green and red bars at the bottom of the price chart) as well as the Stochastic oscillator (blue, red, yellow lines). See more below on how to consider these studies as part of your research.
Keep in mind, the computer-generated trend lines can help identify where areas may be for technical support and resistance, but like any other indicator, they can change with more price data - especially new highs and new lows.
United States: Dow Jones Industrial Average, NASDAQ 100 Index, S&P 500 Index
Europe: (UK) FTSE 100 Index, (Germany) DAX Performance Index, (France) CAC-40 Index
Asia: (Hong Kong) Hang Seng Index, (Japan) Nikkei Index, (China) CSI 300 Index
Rest of World: (Canada) TSX Composite Index, (Australia), ASX 200 Index, (Brazil) Ibovespa Index
Notes on Stochastic studies:
- Stochastic values range from 0-100: >80 is commonly interpreted as a market with potentially "overbought" conditions, whereas a value of <20 is considered possibly "oversold" conditions.
- On a price chart, look for Stochastic line crossovers. Generally speaking, a "fast" crossover is typically associated with price direction changes, whereas a "slow" crossover is often considered alignment of momentum and trend.
- The Socrates Platform has a unique three-measurement Stochastic oscillator: Blue (a "fast" measure), Yellow (a "mid" measure), and Red (a "slow" measure). While the "fast" (blue) stochastic is most sensitive to recent price changes, this can also be true for the "mid" (yellow) stochastic.
- In Socrates users can look for when the blue and yellow both cross the red:
- A cross above the red (when <20 value, or "oversold" conditions) can be a signal that a move up may be underway (i.e. red will be the lowest value / position of the three in this scenario)
- A cross below the red (when >80 value, or "overbought" conditions) can be a signal that a move down may be unfolding (i.e. red will be the highest value / position of the three in this scenario)
Notes on the Energy Model:
- A unique study to the Socrates Platform, the Energy Model assesses the relative strength or weakness ("energy") in the current buy-side of a market's price activity vs. the sell-side.
- When analyzing a price chart, look to see when there are consecutive spikes of energy (green bars) well above it's moving average. This may signal an oncoming cresting of energy and a risk of losing momentum ahead.
Remember, using multiple studies and indicators - similar to price activity across different time levels (daily, weekly, monthly, etc) - offers a much better view of short-term vs long-term behavior.
For example, Daily price activity, studies and indicators can be helpful when considering potential entry or exit points, but it's most vulnerable to spikes in volatility with reactionary or false moves. Weekly and Monthly time level analysis can help filter out some of this "noise".
If you're primarily concerned with long-term performance, the Monthly (and even Quarterly) time level is likely a better focal point, using Daily and Weekly as more of a pulse read in the interim. Bullish markets will "correct" from time-to-time (regardless of why), but that doesn't necessarily mean a change to the long-term trend (which typically requires a sustained move over multiple months breaching key technical levels and triggering key indicators).
It's generally good practice to see if behavior on one time level aligns with other time levels over time. If while studying Daily and Weekly charts and indicators you observe consistent activity week after week, the next logical step would be to look for similar signals on the Monthly time level. If it never fully aligns, this could suggest the price activity is more likely just a short-term movement and not a change to the long-term trend (which would eventually reveal itself on the Monthly and Quarterly time levels).
Important: no matter how much research you do, financial markets are risky and can behave unpredictably - especially on a short-term basis.
Log in to Socrates to research these and other global financial markets.
Not a Socrates Platform member yet?
With over 1000 global financial instruments to research - including stocks, ETF's, commodities, bonds, foreign exchange / currencies, and more - the Socrates Platform allows members to monitor financial market activity from around the world using price charts, technical studies and custom watchlists.
In addition to our Energy Model mentioned in the charts above, all Socrates users have access to computer-generated indicators, such as our proprietary Global Market Watch pattern recognition system and our Indicating Ranges across multiple time levels. These color-coded signals act as a complement to more detailed studies of price charts and technical price levels.
Pro and Enterprise members can use our advanced fullscreen charting to draw their own trend lines, apply more technical studies, and go deeper in their research with our Reversal System and Timing Arrays to look for additional areas of technical support, technical resistance, and possible turning points ahead.
Click here to compare membership plans, or sign up for Socrates platform today!
NOTE: The Socrates Platform is not a financial service and does not provide financial advice. It is a research platform for informational and educational purposes only. Investments and trades include risk of financial loss. Before making any investment or trade, it is important to consider whether it is suitable for you. Consider seeking advice from a certified financial adviser.
