doing a bit of volume analysis to see if anything reveals...

doing a bit of volume analysis to see if anything reveals itself.


Observations.
1. recent price tends to rise on rising vol, and fall on falling vol. This is good for longs
2. July-August saw several outlier positive vol days far in excess of negative days. Also good for longs
3. Strong price competition at 45-47c level with stalemates during this period. Major holder exiting?
4. October thoroughly breaks out of this range under increasing positive vol, shortly followed by SPP which ends this move.
5. New range 55-60c? Distribution occuring although on falling vol. Hardly a massive ROI from 45c so probably older holders exiting.
6. Fibonacci vudu finds 55c at the bottom rung retrace in the short term upwards move. Signals upward move tomorrow?
7. Ultimately still on an upward trend making higher highs.
8. Vol higher overall so greater interest and trade happening. This is positive.
9. nickel still above 20K