Ok Bruutz82, I agree that EOD prices can be slighlty manipulated...

Ok Bruutz82, I agree that EOD prices can be slighlty manipulated a little bit (half pip, pip maybe few pips on larger priced shares), but its not really significant manipulation. I've always referred to it as " Chart Painting " . At the end of the day its not important for anything imo, because one of TA's purpose is to eliminate the " Noise " in the market movements of a SP so that one can increase the buying and selling accuracy of each trade. Many parameters need to be processed to do this and one small parameter at EOD that moves a SP half pip etc up or down has very little impact imo.

It makes absolutely no difference to the FA of a company, or investors that are LT. imv