Ah, yay! It's here!
My predictions are that Shana will die in a noble way, like slicing off the head of Bel Peol while being stabbed or something, Yuji will recover the Reiju Maigo and kill Hecate, and Margery will kill both the Silver and Metamorphoses. Then Yuji will confess his love to Yoshida Kazumi, and we all have a happy end!
Basically, I'm expecting some sort of resolution in this episode. I don't know what it is going to be, but I don't think they're going to try for a 3rd season.