Crude oil prices extended their losses in the latest intraday session after breaking the critical support level at $57.35, confirming sustained bearish pressure. The price’s continued trading below the 50-period EMA reinforces the strength of the main short-term downtrend, as it moves along a downward trendline.
Negative signals are also evident on relative strength indicators, despite the market reaching oversold conditions. This may temporarily slow the decline and allow for limited corrective rebounds before the downward trend resumes.
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Full VIP signals performance report for September 22–26, 2025:
