Summary
Intermarket Technical Analysis by John J. Murphy explores the interconnected nature of financial markets, across stocks, bonds, commodities, and currencies. He draws on historical events, like the 1987 stock market crash, to illustrate that no market operates in isolation.Our verdict
In our opinion, Intermarket Technical Analysis by John J. Murphy is an essential read for experienced traders who already have a foundational understanding of technical analysis and are looking to expand their market perspective.This book will also appeal to macro investors and anyone trading multiple asset classes, as it explains how shifts in one sector can ripple through others. While correlations between asset classes have changed over time, this book's principles remain broadly applicable to this day.