Intraday purposes. Has anyone found it beneficial to monitor the prem/discount levels as an aid to entry/exit timing? Or,is it too random w/too much noise to be of any good? Also, why is it I see the futures price always move before the index itself? Frontrunning before a large order or program? I think I may buy/enter sometimes when the premium has already expanded significantly as oppossed to buying when the actual level is lower-but this may be trying to catch a bottom,etc...too instead of waiting for price confirmation. Am i making any sense? Also,anyone monitor the program trigger levels(indexarb.com). ?