We continue to trade in a range, but I think it is highly possible we test the lows from Thursday. My bias is to the downside and I will play it with a number of inverse ETFs such as [[EEV]] & [[BGZ]] .
I notice a little strength in [[USO]] this morning. This could be good for the overall market if it can get moving, something to watch for sure. It might be a good idea to buy oil ie. National-Oilwell Varco, Inc. [[NOV]] and short the overall market via [[EEV]] .