Long XLF/Short USO

Oil gapped up on the morning and actually rallied decently before oil inventories. However, inventories changed the path of the commodity drastically as it has now come off sharply. I don't think financials have realized their full potential on the day and I think the drop in oil may be a bit more lasting (it should at least go negative on the day). Therefore, I would look to go long XLF/short USO. Oil is coming back up to its 20 period moving average at 93.88ish after plunging which should be a good place to take a position. XLF is barely over positive, it should have up to .75% pretty easy.