For sure Van, nothing goes straight up, as we all know. As with anything in this racket there will be pullbacks and breathers along the way. Just look at the near 2 dollar climb just in the last 5 days? It's well overdue to give some back. TSX will be no different.
Ultimately if we see higher lows and higher highs we are trending in the right direction. Also what is to happen for the last quarter of the year in this world economy once the larger industrial consumers realize we have turned the corner with the "recession"
Often we have seen the LME warehouse and Nickel spot get way out of sync. Although the tow 30 days charts very much look like the inverse of each other. Obviously there are other factors weighing in on the daily price outcome.