The Fundamentals are crying out for a break to the upside. So many exciting things going on in the space. However option 2 shows a potential exhaustion crash that would be the last gasp of the bear market as referenced in the Wall Street Cheat sheet. (google it if you havent)
Coming off good trend line and a fib. Looks alarmingly like the first retrace from 2013, mid dec. Meaning we can see a run to somewhere between .618 and .786. I'll be buying mining contracts there. Possible honoring of the trend line after that might make a bullish case for the rest of the year, otherwise we're waiting and will see the massive next bull run...
