I don't think they are the same points. 1) The low in Feb saw a momentum divergence. 2) The entirety of today's candle is taking place, so far, below the lower 20 period bollinger band. 3) That doji candle was a retest of a high volume distribution area. Today's candle is a breakdown of a high volume distribution area. Price would need to get back into the high volume distribution area to go from a breakdown, back to neutral. For now, it is a breakdown. 3/27/14
I'm sure it was related to Op/Ex, but the way I see it is a day is a day, and unless price can recapture that "outlier", it is still important. 3/27/14
1) The low in Feb saw a momentum divergence.
2) The entirety of today's candle is taking place, so far, below the lower 20 period bollinger band.
3) That doji candle was a retest of a high volume distribution area. Today's candle is a breakdown of a high volume distribution area. Price would need to get back into the high volume distribution area to go from a breakdown, back to neutral. For now, it is a breakdown. 3/27/14