Have you guys noticed that every day around 5:00 pm EST that the market dumps, it has to be Wall Street taking daily profits before they go home for the night. Its only on weekdays and has happened the last 3-4 weekdays in a row and on Fridays its s bigger dump before they go home for the weekend.
I didn't noticed this but if you do, you can take this as your strategy and do some experiment while executing this discovery you made.
maybe if OP keep tracking this behavior then yes he can build a good strategy to take some advantage, following the trend and analyzing the behavior inside exchange will bring something decent, even a little pumped or a little dumped where you can buy and hold for a while, as we see that market recovers and again it will continue acting the same, not unless the big strong pumped happen or the other way around, just need to have a clear plan
while making any decision.
If someone is interested on this discovery he made then everyone can make a good strategy out of this incident that happens during weekdays. Day traders and holders as well can have an experiment with it.