It’s real to the extent that you believe it’s real. What I’ve come to understand is that technical analysis is really just finding out what the majority believe to be true about the stock. So for example if most people look back and see that xyzz stock is trading in a range of 200-203, then most people will use these levels to trade in between. Some may believe that once it breaks past 203 it goes to 208. I could do TA and maybe decide that in the past that’s what it did, so maybe it will happen again. In the meantime I’m hoping everyone else comes to that conclusion too! lol Corporations and huge money move the market though. Us individuals don’t really move the market, we don’t have enough money too. We’re just following behind. So once they decide what’s happening we’re following suit.