
SPY Premarket Regime Indicator
Probability-based SPY intraday indicator w/ regime analysis
TradingView indicator with daily bias signal based on yesterday and premarket activity and the 6 Foxchase regimes.
New day-type classifier: Labels each day at open with one of the following: • Double-Dist / Trend (bull) - early follow-through • Double-Dist / Trend (bear)- early follow-through • Expanded Typical - top overhang → late up break • Expanded Typical - bottom overhang → late down break • Trading Range (responsive auctions) • Typical Day (wide PMR; stays within extremes) • Sideways / Indecisive
How to interpret PMR%
• Small PMR% (low) = premarket is narrow vs normal. That often precedes a single-direction follow-through / trend (or a “double-distribution” where the market quickly breaks one side). • Large PMR% (high) = premarket extremes are wide compared to normal. The day is more likely to stay within those extremes. Favorable to range / mean-reversion setups at the edges. • Middle PMR% (mid) = “expanded typical” territory. The premarket range is bigger than normal but not huge. Price may break late or produce directional moves after a delay.
Ultimate knowledge for a trader.
Leagues above the rest!!!
This is good stuff. Well worth the money. No regrets




