➡️ Market crash 2021 MAJOR UPDATE: Intermarket analysis.. 📉

Diupdate
Hi mates, i sharing my thoughs about markets from last week and my view for week ahead.Today i bring some more focus on intermarket analysis in this post. So lets start with last week recap:

Summary of last week:
We had busy week for macro, that shows worsening US economy by COVID-19


  • Dissapointing retail sales for December at Friday: Core Retail Sales m/m: -1.4%, Retail Sales m/m: -0.7%
  • Dissapointing Uneployment claims: 965K vs. 785K
  • CPI numbers just in line with expectation
  • New $1.9 Trillion stimulus proposal by president-elect Joe Biden
  • Earning season started by Banks JPMWFCC


SPY Chart commentary:
On this chart you can see SPY and XXLU/SPY
Catatan
There is some update of my idea from broader perspective:
This time is...⏰ Market exuberance:New secular bear market? 🐻
Beyond Technical AnalysisS&P 500 E-Mini FuturesOscillatorsSPDR S&P 500 ETF (SPY) Trend AnalysisXLU

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