Recent data continues to paint a positive picture of the labour market outlook. However, expected real wage growth in 2025 is now lower, while the unemployment rate remains stable as people are going back to work, both due to higher inflation.

Uncertainty is the enemy of financial markets. Trump's first month has provided a great deal. Tariffs are a tax on the citizens of the importing country. This boosts the US treasury and may balance the US budget but cause a recession. Sell DJIA.

Tesla (TSLA​​​​​​​) is once again in the spotlight as it inches closer to entering the Indian market, after two previously unsuccessful attempts.

In this video, I am going to explain the technical analysis behind today's price action, the breakdown that took place, and whether you should be looking for a continuation of today's sell-off or a market bounce in the day's ahead.