Trading with Intermarket Analysis: A Visual Approach to Beating the Financial Markets Using Exchange-Traded Funds

Trading with Intermarket Analysis is John J. Murphy’s practical, visually-driven guide to understanding the dynamic relationships between different asset classes—and using that knowledge to trade more effectively. Renowned as one of the pioneers of intermarket analysis, Murphy delivers a step-by-step approach to identifying high-probability opportunities by analyzing stocks, bonds, commodities, and currencies together, rather than in isolation.

Unlike purely theoretical books, this edition focuses heavily on visual learning, using hundreds of full-color charts to demonstrate real-world patterns, correlations, and divergences. Murphy shows how exchange-traded funds (ETFs) provide a simple, cost-effective way to apply intermarket strategies across multiple markets without the complexity of futures or forex trading.

The book covers everything from the basics of intermarket relationships to advanced applications in portfolio management, risk control, and market timing. Readers will learn how to anticipate turning points, confirm trends, and avoid false signals by looking at the “big picture” instead of just a single market’s technicals.

With clear explanations, actionable examples, and a focus on ETFs, Trading with Intermarket Analysis equips traders and investors with a modern framework for thriving in today’s interconnected global markets.

✅ What You’ll Learn:

• How stocks, bonds, commodities, and currencies move in relation to each other.
• The role of ETFs in executing intermarket strategies.
• Visual techniques for identifying correlations and divergences.
• How to use intermarket clues for better market timing.
• Portfolio management strategies that leverage cross-market insights.

💡 Key Benefits:

• Gain a comprehensive view of the markets to improve decision-making.
• Use ETFs to easily implement multi-market trading strategies.
• Avoid costly mistakes by recognizing intermarket warning signals.
• Apply techniques suitable for traders and long-term investors alike.

👤 Who This Book Is For:

• Technical traders who want to integrate macro market analysis.
• ETF investors seeking to optimize portfolio allocation.
• Swing and position traders looking for better trend confirmation.
• Financial professionals who need a global market perspective.

📚 Table of Contents:

1. Introduction to Intermarket Analysis
2. Understanding Cross-Market Relationships
3. Stocks, Bonds, Commodities, and Currencies in Action
4. The ETF Advantage in Intermarket Trading
5. Identifying Trends and Turning Points
6. Confirming Signals with Multiple Markets
7. Avoiding False Breakouts and Misleading Moves
8. Portfolio Allocation and Risk Control
9. Case Studies Using ETFs
10. The Future of Intermarket Trading