Time is running out for the bears, who see a repeat of 2014/15 unfolding on the horizontal. On the vertical, not only has price fully retraced, but the pattern between the corrections look quite different. Short/ medium term outlook is further sideway consolidation.
Note
If bears were but to meditate for a moment on the following fact, that the previous cycle was of a magnitude 5X larger, I doubt they would continue long in their bearishness. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.