I'm bearish on BTC right now so that makes me bearish on XMR. Too many rejections at $300/btc. Coinbase lunar rejection. March/April rejection. Summer rejection. You might say that XMR can go up without bitcoin. This is true, but it will be difficult. LTC and DRK both had pumps that failed this year.

What I want to see is broad bullishness in the cryptocurrency space because a rising tide lifts all boats. I'm not interested in short-lived, local pumps.
I will be bullish on BTC and XMR when the blocksize debate is over and we are moving closer to the halving. I'm going to be mostly in fiat until Jan 2016 at the earliest.