This may have been covered, but I was wondering what specific intraday indicators others are having success with. I see guys posting in chatrooms levels for the trin, the tick, tiki, prem, vix.x, etc. currently I keep things pretty simple.....5 minute charts of the naz and s&p futures along with watching the vix.x and trin from time to time. What i would like to use more is the prem or the spinx (the difference between the cash and the futures). I have this charted, but am not sure I am using it correctly. If anyone uses the prem, could you please post the correct interpretation. I know that watching it allows you to get an idea for when program trades might hit the market....but how exactly does that help you. The institutions buy futures but sell stocks? prehaps someone could elaborate on the prem and other could add their favorite indicator and how they use it. thanks all.