...
Regarding your earlier point about the daily candle, it is within two hours of closing, and looks like it could be red today.. it is going to be a close call, since price has been hovering between $415 and $417 all day.. and maybe a little over $417.50 would cause the daily candle to come out green?

Yeah... final conclusion is that yesterday's daily candle on Stamp closed out red...
I did not really make any predictions based on the daily candle turning either green or red, but if you look at Bitstamp in the past 12 days, we have
5 daily candles in a row that closed out green, then one red, and then we have another 5 greenies, and then finally the one from yesterday closing red.
Adam's implied theory seemed to have been that if the daily candle closes out red then that could increase chances for a 2% or so downward price correction.
I doubt that he was postulating BTC prices merely based on a technical analysis, and I personally have my doubts when it comes to relying too much on technical analysis....
I think that we continue to remain in a kind of price consolidation triangle that minimally goes back a few weeks, but really zooming out further, like 4 months, the consolidation triangle therein seems likely building up more and more and more (or is the proper term coiling?) for some kind of a break out..
up or down??? I'm personally kind of torn in my view, and I can see either direction and I could even see another month, or two or possibly more of sideways while the classic/core debate continues to simmer and people can decide whether or not the blocksize/fork/governance debate is continuing to scare them or if they are prepared to put some or all of those matters behind. The resolution of such may be experienced through whether segwit is successfully implemented in May/June-ish, which seems decent odds for some kind of successful implementation, even though it may not really quell the contentious shouting, no?
right i was betting on the pattern repeating itself.
but it didnt well sorta but the red candle we got today lacked legs.
which is surprising given the never ending Classic Vs Core talk that only seem to lead to one thing rage-quits.
my guess is market is smart enough to know that any resolution in whatever direction ( classic or core ) is bullish.
so as the segwit's release inches closer, progress in whatever direction is well inevitable!