I would not even look at bear call spread portion unless we close above 120 on the hourly. 121 is the line in the sand to make a decision. (this spread goes along with the daily moving averages.
On the bull put spread portion, I would not even look at spread unless we close below 116.50 on the hourly. 114.83 is line in the sand. I'm basing this spread on volume and candles.
On the bull put spread portion, I would not even look at spread unless we close below 116.50 on the hourly. 114.83 is line in the sand. I'm basing this spread on volume and candles.
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