Very interesting to read your post considering I longed for many of the same reasons and now closed my position.

Good point about the decreasing volume meaning that less capital is required to move the market, I didn't think about that.

You said, "On the top resistance line, we see 4 clear touches so far. The more touches something has, the less likely it is to break."

As I understand, the more times it touches the resistance, the more the bears get exhausted and run out of fund and the more likely it is that the resistance will break.