SPX Daily Forecast Indicator
How to Use the Updated SPX Daily Forecast for Better 0DTE Trades
We’ve just updated one of the most popular tools on Alpha Crunching — the SPX Daily Forecast Indicator — and it’s now even more powerful for traders looking to gain an edge before the market opens.
Whether you're trading 0DTE SPX options or just looking for directional context to start the day, the new features offer a smarter, more structured way to approach each trading session.
Here’s what’s new:
🔹 Day-Specific Trend Analysis
You can now view the SPX daily forecast by each day of the week — so Monday’s behavior is separated from Wednesday’s, for example. This allows you to better prepare for what’s typical on that specific day based on recent data.
🔹 5-Minute Interval Forecasting
Each forecast is built from the average movement of SPX in 5-minute intervals over the past month, giving you a real-world intraday pattern to compare against current price action.
🔹 Week-Over-Week Trend Shifts
Want to know if this Wednesday is looking more bearish than last Wednesday? You can now compare each day's forecast with the previous 1–2 weeks, helping you detect shifts in trend strength or sentiment.
🔹 Directional Bias Metrics
New metrics at the bottom of the forecast panel now quantify how bullish or bearish today is compared to prior weeks, helping you form a quick directional bias before placing trades.
📺 Want to see it in action?
Check out this short video walkthrough where I break down how to use the updated forecast and compare it to what actually happened in the market:
👉 Watch the video
If you’re a 0DTE trader looking to reduce noise and gain premarket clarity, the updated Daily Forecast is built for you.
➡️ Log in to your Alpha Crunching account to check it out now.
As always, let us know what you think or drop your questions in the community chat.
To better trades,
Eric
Founder, Alpha Crunching