oil, cl, day trading for July 17th

After a big move yesterday I think we either consolidate in a tighter range near the prior days low or we do a 50% to 78% retrace back up to the prior days over night session. The chop range is small between 58.07 and 58.37 with a bigger trade range of 57.65 and 58.60. staying below 58.60 would give me the thought we stay in the lower part of this range and above that point takes me to the 59.45,.55 range. will remain on the look out for a further down move if we can get oil below 57.46