The Dow Jones index achieved a new all-time high, surpassing 43,000, following the announcement of Trump's election victory. A solid foundation for this upward movement was established with a higher low around 41,800.
Although there may be a consolidation phase after Wednesday's surge, the overall sentiment remains bullish.
On the other hand, the DAX index is currently holding above the critical support level of 19,000 after a recent reversal. While this level provides some hope for bullish traders, the formation of a lower high in the ongoing downtrend from the October peak suggests a bearish short-term outlook, despite the long-term trend still being upward.
Meanwhile, the Nikkei 225 index saw gains on Wednesday but has since retreated from the 40,000 mark. The index continues to struggle to break above this level, and if it closes below 38,700, it could indicate the start of a downward trend, potentially testing the lows seen in late September and October around 37,300.