Has crude bottomed?

NYMEX:CL1!   Light Crude Oil Futures
75 0
Crude oil has been in a strong downtrend over the past several months, and is currently showing a momentum divergence setup that is presenting an opportunity to execute a long delta trade. With OVX currently above 50, I am working an order to enter into a put credit spread for .16 at the 43.5/43 strikes. I will need a pull back in price of the underlying in order to get a credit of about 1/3 width of the strikes. If my order is filled, I'll be looking to manage the trade early at 40% max gain.
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