AMT seems to breakdown during high volume/volatility. Shouldn’t it be the opposite?
Auction market theory seems to falter during high volume/volatility like we’ve been going through. Shouldn’t it be the opposite? Shouldn’t it be more reliable? I’ve noticed for a long time now that during periods like this when volume/volatility picks up it’s the things that I would NOT expect price to hold at are in fact what hold. You see large reactions at standard moving average periods and opening ranges. Whoever is doing all of the buying is pretty clearly watching these. Thoughts?