Building a data-driven “market conditions” tool. Would this be useful?

I’m building a market analysis tool for traders and wanted to get some honest feedback.

It’s not a “buy/sell signals” service. The idea is more of a weight-of-evidence framework that combines price action on the major indices, breadth, macro news, and a few other indicators, then compares them against historical data to highlight when conditions are statistically unusual or starting to shift.

Because everything is grounded in historical behaviour, it removes a lot of the subjectivity from interpreting indicators and instead puts current conditions into proper context.

The output would be a simple daily view of overall market conditions — trend strength, participation, and risk environment — so traders can make better decisions around timing, exposure, and positioning.

It’s probably most relevant for swing traders and active investors who care about market direction and timing, rather than short-term scalping.

1. Has anyone come across something that already does this well? Most tools I’ve seen tend to focus on single indicators rather than a broader, data-driven view.
2. Would something like this actually be useful in your process, and is it something you’d pay a small monthly fee for if it was done well?

Thanks!