Great job guys with the charts. A picture is worth a thousand words. Mr. Paul had a good point regarding the possibility of short selling.
The rules are different across all markets but here in Japan trades can take place outside of the regular auction. Block orders can be done right before the open, right before the morning session close, and right before the afternoon session close. Buyers and sellers are able to negotiate a price between themselves. These orders usually get printed on the tape at the end of the day. Personally I always thought this rule was the biggest BS in trading here as the last volume print of the day will force the
PVP to shift.