Has anyone ever looked into at what time of day the ASX 'most often' hits its peak and its trough, over time? Is this a thing or is it truly random?
If we knew over time when this timing occurred and had a large enough $ to trade, you could buy the index each day at (say 10:30) and sell at (say 2:00). Obviously you'd often be on a losing trade, but over time and based on averages, you'd end up..up.